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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 (318)	1/31/1999 11:26:00 PM
From: puborectalis	Read Replies (3) \| Respond to of 779

IPO News Sun, 31 Jan 1999, 11:23pm EST Tut Systems' Gain Among Biggest for a U.S. IPO: Table Tut Systems' Gain Among Biggest for a U.S. IPO: Table New York, Jan. 29 (Bloomberg) -- Tut Systems Inc. shares recorded the sixth biggest first-day gain for a U.S. stock. The Internet company's shares more than tripled in their first day of trading after their initial public offering, surging 39 1/2 to 57 1/2. The following table shows the biggest first-day gains by U.S. IPOs. The list shows the percentage gain from the stock's issue price to the closing price on the first day of trading. Ten Biggest First-Day IPO Gains Name First Day Gain theglobe.com 11/13/98 606% MarketWatch.com 1/15/99 474% Broadcast.com 7/17/98 249% EarthWeb 11/11/98 248% uBid 12/04/98 220% Tut Systems 1/29/99 219% Secure Computing 11/17/95 202% Ticketmaster Online 12/03/98 188% Artificial Life 12/17/98 176% eBay 9/24/98 163% Sources: Bloomberg, Securities Data Co.