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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?

To: BI*RI who wrote (274)	3/5/1999 1:59:00 PM
From: Tumbleweed	Respond to of 1222

You're not the only one thats confused! NEW YORK (CBS.MW) -- For the second time in three years, a middleware company known as Neon made its U.S. stock market debut on Friday. Neon Systems (NESY), a Sugar Land, Texas-based software developer, sold 2.5 million shares at $15, above the original $12 to $14 range listed in the company's earlier IPO filings. Its products help clients move and integrate data from their older mainframe computer systems to applications on newer client/server computer networks. In June 1997, New Era of Networks (NEON) went public at a post-split $6 a share. New Era, which trades under the ticker "NEON" and goes by that name in its press releases, also develops software that allows various computer applications to "talk" to one another. New Era has filed a complaint against Neon Systems over the Neon name, asking a Colorado district court judge to decide the issue, according to Neon Systems' prospectus. Neon Systems also warns the name and ticker symbol confusion could cause a problem with investors, resulting "result in variations in our stock price that are attributable to facts or circumstances relating to New Era of Networks." Neon Systems should hope its stock performs as well as New Era's, which is up about 900 percent since going public