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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Sure Thing who wrote (12154)	2/4/1999 7:43:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 90042

you missed one pair 30$

To: Sure Thing who wrote (12154)	2/4/1999 7:53:00 PM
From: puborectalis	Respond to of 90042

Another Wish(TNO) pegged to hot IPO tomorrow..... ! ! Modem Media bumps up pricing range By Darren Chervitz, CBS MarketWatch Last Update: 6:48 PM ET Feb 4, 1999 Also: NewsWatch NEW YORK (CBS.MW) -- Modem Media Poppe Tyson bumped up the expected pricing range of its 2.6 million share initial stock offering, suggesting solid demand for the deal when the interactive ad agency goes public on Friday. In a filing with the Securities & Exchange Commission, the Westport, Conn.-based company said it expects to sell its stock at $13 to $15 a share, up from the $11 to $13 range listed in the company's earlier IPO filings. Modem Media, a spin-off of True North Communications (TNO), experienced fairly rapid growth in the first nine months of 1998, with sales rising 69 percent to $30.1 million. Profits, however, remain elusive. The company lost $2 million during that time frame, about even with the year-ago period. Ben Holmes, analyst at ipoPros in Denver, pointed out that Modem Media's 1998 sales were about three times the number recorded by San Francisco-based rival Razorfish. Razorfish filed for an IPO in January. "Basically, these people are at the top of their game right now," Holmes said. The company has done projects for 3Com, John Hancock, JC Penney and Intel. Like many ad agencies, customer concentration is a concern; AT&T and Citibank accounted for more than 32 percent of Modem Media's sales during the first nine months of 1998, and the top 10 clients accounted for more than three-quarters of sales. The company often does business with clients on an assignment basis, meaning short-term contracts that can often be canceled without much notice. "While Modem Media is not aware of plans by any of its significant clients to terminate their use of Modem Media's services, the termination of Modem Media's business relationship with any of its significant clients ... could have a material adverse effect on Modem Media's business, financial condition or results of operations," the company says in the prospectus. The company also created the Internetstocks.com Web site for BancBoston Robertson Stephens Web analyst Keith Benjamin. Robbie Stephens is the lead manager in charge of the IPO. After the offering, True North will own about 5.65 million class B common shares, totaling 53 percent of Modem Media' equity and about 85 percent of the voting power. True North's stock, which fell 5/16 to 30 5/8 despite news of the pricing range increase, has gained about 18 percent since Modem Media first filed for an IPO. True North has a market cap of $1.4 billion, excluding debt or outstanding options; its stake in Modem Media could be valued as much as $85 million at the offering price. Modem Media is not expected to be the only IPO Friday. Other big deals include canned food king Del Monte Foods and GM spin-off Delphi Automotive Systems, which is expected to be the first $1 billion-plus IPO of 1999.

To: Sure Thing who wrote (12154)	2/5/1999 1:21:00 AM
From: Glenn	Respond to of 90042

Wow that is santa clause. I say xyln at 17 is too low but 18 is very possible. Bleeding here, but csco at 95 is a good buy. I'm not planning on a sell yet. No feelings for coms. Dream on for nn. dream on for afci dell and intc i doubt it. All could be an accurate preciction. I hope not. I like all of these stocks. You missed fore? Thanks for asking my opinion. We will obviously all study the tech stocks intensely over the next couple of days and form a more solid opinion. Smiles, Glenn