To: Starduster who wrote (11850 ) 2/3/1999 8:02:00 PM From: puborectalis Read Replies (1) | Respond to of 90042
To: Mr. Big (92 ) From: ihdus GREAT NEWS FOR TNO TOMORROW!!!! Wednesday, Feb 3 1999 5:34PM ET Reply # of 96 IPO Price raised!!!!!!!! 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. To: ihdus (93 ) From: Mr. Big Wednesday, Feb 3 1999 6:04PM ET Reply # of 96 Get some while its' cheap. This stock (TNO owns 90%+ of Internet IPO MMPT) has not run up and with only 2.6 million shares (MMPT) available to the public watch out. Demand is building (e-advertising is growing exponetially)and Top notch client base (customers include AT&T, JC Penney, Kodak, and Sony) = successful IPO benefitting TNO shareholders as well. Do your own due diligence as always. TNO listing options on thursday and IPO Friday (not confirmed). Top notch underwriters with BancBoston Robertson Stephens Inc., Nationsbanc Montgomery Securities LLC and Bear Stearns & Co. Downside limited with lots of upside potential. IMHO, Big IPO information: biz.yahoo.com TNO Information: biz.yahoo.com IPO price is being raised... bloomberg.com . at99.ht&s=369855370 Strong chart with two consecutive buy recommendations - MACD line: clearstation.com . ww.clearstation.com/