SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: NASDBULL who wrote (55550)2/12/1999 9:29:00 PM
From: cool  Respond to of 119973
 
EPAY----IPO today---will move next week---some DD

Business/Technology Editors

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Feb. 12, 1999--Bottomline
Technologies (de), Inc. (Nasdaq NNM:EPAY) announced today that the
initial public offering of 3,400,000 shares of its Common Stock has
commenced at an initial public offering price of $13 per share. The
shares are being offered through underwriters led by BancBoston
Robertson Stephens Inc., BT Alex. Brown Incorporated and CIBC
Oppenheimer Corp. The underwriters will have a 30-day option to
purchase up to 510,000 additional shares of Common Stock from the
Company solely to cover over-allotments, if any.
Bottomline is a leading provider of software used to make and
manage corporate payments. Its products and services enable
organizations to transition from the traditional paper check process
to electronic payments and to facilitate electronic commerce.
Bottomline's products provide Internet capability and run on Windows
NT. Bottomline currently has over 2,000 customers representing every
major industry sector.
Of the 3,400,000 shares of Common Stock being offered for sale,
2,519,466 shares are being sold by the Company and 880,534 shares are
being sold by Selling Stockholders. The net proceeds of the offering
to the Company are currently expected to be used for continued growth
and expansion of its business, product development, potential
acquisitions and other general corporate purposes.
A copy of the final prospectus may be obtained from the office of
BancBoston Robertson Stephens Inc., 555 California Street, Suite 2600,
San Francisco, CA 94104, (415) 781-9700, BT Alex. Brown Incorporated,
1 South Street, Baltimore, MD 21202, (410) 727-1700, or CIBC
Oppenheimer Corp., CIBC Oppenheimer Tower, 1 World Finance Center, New
York, NY 10281, (212) 667-7000.

--30--mb/bos*

CONTACT: Bottomline Technologies (de), Inc.
Rob Eberle, (603) 436-0700



To: NASDBULL who wrote (55550)2/12/1999 10:25:00 PM
From: Tri Bui  Read Replies (1) | Respond to of 119973
 
SCTC...sold today for 1/2 of a point loss!



biz.yahoo.com
biz.yahoo.com

Friday February 12, 6:31 pm Eastern Time

Systems & Computer loses Asian contract

MALVERN, Pa., Feb 12 (Reuters) - Systems & Computer Technology
Corp. said Friday it did not secure
an expected Asian utility industry software license order that the
company had previously said was in
jeopardy.

The company said on Dec. 23 that it was uncertain of the order, which it
said was worth about $0.06 to $0.07 per diluted share.

''We were encouraged to be in the final round but, of course, we're
extremely disappointed that SCT did not emerge the winner in this
contest,'' said Michael Emmi, chairman and chief executive.

The company said in a statement it has revised its revenue expectations
for the second half of the year in line with its concerns about the
Y2K problem as well.

The company said it is implementing a cost containment program to be
consistent with revised revenue expectations.

Systems & Computer provides client/server, mission-critical, enterprise
software and a series of information technology services for
higher education, government, manufacturing & distribution, and utilities.










To: NASDBULL who wrote (55550)2/13/1999 1:10:00 AM
From: Mr. Park  Respond to of 119973
 
I guess the anticipated news went the other direction. However, the loss of this potential contract may be built in as the company warned in Dec that they may not get the contract. We will see Tuesday...sub 9...IMHO



To: NASDBULL who wrote (55550)2/13/1999 8:47:00 AM
From: TokyoMex  Read Replies (4) | Respond to of 119973
 
Don't be too sure about that Nasdbull,, I got 20,000 of SCTC ,

Price may be already built into it ?

For 30 dollar stock to trade at 9 1 /4 with 1/2 bill in rev ,, with 750 mill back log ?

Don't be too flippant yet ..



To: NASDBULL who wrote (55550)2/13/1999 11:19:00 AM
From: David D.  Respond to of 119973
 
What's P.O.S. mean?