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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Rick Faurot who wrote (9262)2/26/1999 11:50:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
PCOR to open at 54? Wonder whos gona get burned here. okay 55 now. They should really make it illegal to flip stocks like this.

pcOrder.com, Inc. Announces Initial Public Offering

AUSTIN, Texas--(BUSINESS WIRE)--Feb. 26, 1999--pcOrder.com, Inc. (Nasdaq/NMS:PCOR), a leading provider of electronic commerce technology and content for the computer industry, announced today that it has completed its initial public offering of Class A Common Stock on the Nasdaq National Market under the trading symbol PCOR.
pcOrder.com sold 2,200,000 shares at $21 per share to an underwriting group led by Goldman Sachs & Co., Credit Suisse First Boston Corporation and S.G. Cowen Securities Corporation.
pcOrder.com provides Internet-based electronic commerce solutions that enable the computer industry's suppliers, resellers and end users to buy and sell computer products online. pcOrder.com's industry content and applications are designed to enable leading
computer companies to create new revenue opportunities and efficiencies through e-commerce.
A copy of the Prospectus relating to the offering may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York NY 10004.

This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by pcOrder.com with the SEC, specifically the Registration Statement on Form S-1, which identifies important risk
factors that could cause actual results to differ from those contained in the forward-looking statements, including dependence on a limited number of major customers and products, potential fluctuations in quarterly and annual results, and dependence on
the continued growth and success of the electronic commerce industry.

Note to Editors: pcOrder.com and pcOrder are registered trademarks of pcOrder.com, Inc. "Moving the computer industry to the Web" is a registered trademark of pcOrder.com, Inc. All other trademarks and trade names are the property of their respective companies.

CONTACT: pcOrder
Rebecca May, 512/684-1173
rebecca.may@pcorder.com
09:00 EST FEBRUARY 26, 1999