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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (295)1/29/1999 12:38:00 PM
From: puborectalis  Read Replies (1) | Respond to of 779
 
TUTS....fabulous new IPO today...HOT!!!!



To: Mark[ox5] who wrote (295)1/29/1999 1:59:00 PM
From: Robert Brooks  Read Replies (1) | Respond to of 779
 
Mark : PRFM--What do you think is a good entry point this afternoon?

TIA

rtbrooks



To: Mark[ox5] who wrote (295)1/29/1999 9:00:00 PM
From: puborectalis  Read Replies (1) | Respond to of 779
 
Mark..I just love this new IPO (TUTS)today.............................................................................................It is also targeting the home
networking market, a now nascent industry that is forecast to surge. Market research firm Yankee Group forecasts there will
be about 5 million new home networks by 2000.

Tut's 1998 loss widened from the $9.2 million it lost in 1997 on revenue of $6.2 million.

Also boosting interest in the Tut's IPO was backing from heavyweights such as Microsoft Corp ., which owns a 9.9 percent
stake in Tut and an alliance with Intel Corp ., the world's largest maker of computer chips.

Kevin Hause, an analyst at International Data Corp., said earlier this week that Tut will also benefit from the emergence of
home networks and continued acceptance and roll-out of DSL technology and services.

"We definitely believe that phone line-based networking has the most momentum today and it will continue in the foreseeable
future," Hause told Reuters.