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Pastimes : CNBC Guys - The Hunks of Financial TV -- Ignore unavailable to you. Want to Upgrade?

To: Sedohr Nod who wrote (5482)	2/20/1999 6:33:00 PM
From: Tibor	Respond to of 5936

Flashnet IPO You guys may want to consider positioning yourselves for the upcoming IPO of Flashnet, due out in two weeks. The backdoor to it is through PWCC, which holds an 11% stake in Flashnet. PWCC has run up in February from 13 to 23 7/8 and is now trading in the 14-15 range. The key here is the float of 0.6 million. I do not know when PWCC will explode, that I think will depend on when CNBC starts mentioning Flashnet. But with decent volume, a tiny float, large short interest, you know what could happen here. Do your own DD.