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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT) -- Ignore unavailable to you. Want to Upgrade?

To: Craig K who wrote (208)	2/6/1999 9:01:00 AM
From: Mohan Marette	Read Replies (2) \| Respond to of 821

You didn't do too badly as my information is that majority of the buyers in the secondary market paid over $50.00 and they wouldn't sell it until the stock reaches acceptable levels,if they sell at all as some are not traders.So my point is that it is fair to assume come Monday and following days there will be a shortage of sellers at the Friday's close therefore if the demand is what I expect it to be then we would see a very nice run up in price. Also you raise a valid point in that the customers of the underwriters and major brokerage houses who got in on the IPO wouldn't most likely sell as this is shunned by the underwriters on account of the fact that if they do it would disrupt the efficient distribution and trading of the IPO in the secondary market.So if anybody in their right mind who wants to get future IPOs from the underwiters/brokerage houses wouldn't sell at least for 30-90 days (at least this holds true for individual customers ,I heard they make allowances for their big institutional customers if there are any),I can't say that for customers of e*Trade for sure. Another interesting point,insiders won't be sellers either any time soon if I am not mistaken and that brings us back to the demand and short supply equation which usually spells higher price for the stock,that is my story and I am sticking to it until proven otherwise.<g>

To: Craig K who wrote (208)	2/6/1999 4:59:00 PM
From: go_bucks	Read Replies (1) \| Respond to of 821

Craig: I got my 100 MMPT from Etrade and I'm not planning on flipping. It is indeed tempting to sell.. e.g. when PER was 86. however risking being locked out of future IPOs by Etrade which is very very very very bad :) I picked up another 100 MMPT at 45. MMPT is a 800lb gorilla in the new media/interactive agency world. The others would be Ogilvy Interactive (a unit of WPPGY) and Andersen & Lamke (private I believe) Looking for a good monday here :) Good luck to all longs internetwiz

To: Craig K who wrote (208)	2/7/1999 9:57:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 821

Standard & Poor on Modem Media- An IPO to Play the Web Advertising Boom. I just ran into this little write-up in S&P's Personal Wealth magazine,thought I post it here for the thread to read. ========================= Tuesday February 02, 1999 (4:07 pm ET) Modem Media.Poppe Tyson's punctuation may be funny, but its bid to be a leader in online marketing is serious By Mark Basham, S&P New Issues Analyst NEW YORK, Feb. 02 (Standard & Poor's) - This week there are a handful of initial public offerings on the calendar. Of these, we recommend purchase of the Modem Media.Poppe Tyson (MMPT) offering. Lead underwriter BancBoston Robertson Stephens is expected to sell 2.6 million common shares at $11-$13 each, although judging from the average 12% markup at which the nine IPOs in January were offered over the maximum of the expected price range, the deal's offering price could be increased from that $11-$13 range. MMPT provides complete online marketing services to Fortune 500 and emerging e-commerce companies, such as AT&T, Citigroup, and Delta Airlines. The company usually starts out doing a single or a few projects for a client, but often that relationship develops into a long term arrangement whereby the company is hired on an annual retainer. This is clearly no fly by night outfit. The market opportunity is large and expected to grow rapidly, with Jupiter Communications forecasting that online advertising from 1997 to 2000 will quintuple to $5 billion. The potential for the stock can be estimated by comparing MMPT to online ad leader DoubleClick, which was recently trading at 13 times annualized revenues. At half that multiple of the $43 million in revenues that I project MMPT had in 1998, it would have a market value of $280 million, about twice the market capitalization at which the offering is expected to be priced. S&P's Emerging & Special Situations (ESS) newsletter provides advice for investors seeking IPOs and small-cap stocks for superior capital gains. To subscribe, call 1-800-852-1641, or visit the S&P Marketplace (accessible from the Personal Wealth Home page). personalwealth.com