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To: Mr. Big who wrote (51526)2/3/1999 3:58:00 PM
From: rodney beasley  Read Replies (2) | Respond to of 119973
 
NAVR wants to be 20



To: Mr. Big who wrote (51526)2/3/1999 5:54:00 PM
From: ihdus  Read Replies (1) | Respond to of 119973
 
MMPT IPO Price raised!!!!!!!! (TNO owns 85% of MMPT)

IPO News
Wed, 03 Feb 1999, 5:29pm EST

Modem Media.Poppe Tyson Raises Expected Price of IPO Shares

Modem Media.Poppe Tyson Raises Expected Price of IPO Shares

Westport, Connecticut, Feb. 3 (Bloomberg) -- Modem
Media.Poppe Tyson Inc., an online advertising agency, raised the
price of the shares it plans to sell tomorrow by $2 to $13-to-$15
a share, according to BancBoston Robertson Stephens Inc., the
lead underwriter.

The increase reflects strong demand on the part of
institutional investors for a stake in the Westport, Connecticut-
based company. Modem Media plans to sell 2.6 million shares,
raising about $36.4 million if the shares are priced at the
midpoint of the expected range. That would give the company a
market capitalization of about $150 million.

Modem Media was formed in 1996 and last year bought assets
from Poppe Tyson Inc., also an online advertising company. The
combined company creates advertising campaigns over the Internet
for companies such as AT&T Corp. and Delta Air Lines Inc.

Modem Media has applied to trade on the Nasdaq Stock Market
under the symbol ''MMPT.'' In addition to Robertson, underwriters
for the IPO include Nationsbanc Montgomery Securities LLC and
Bear Stearns & Co.