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

To: AlienTech who wrote (11146)	3/24/1999 9:17:00 AM
From: U Up U Down	Read Replies (1) \| Respond to of 43080

Autobytel.com increases IPO price range NEW YORK, March 23 (Reuters) - Internet car dealer autobytel.com raised the price range of its initial public offering to $20 to $22 from the original $16 to $18, the lead underwriter said on Tuesday. The 4.5 million share deal, expected to price tonight for Wednesday's trade, will be underwritten by BT Alex. Brown. Autobytel.com stands in direct competition with Autoweb.com Inc (Nasdaq:AWEB - news), a Web company that brought a $70 million IPO to the market today. In a sign of strong demand, shares had priced at $14 each, well above the estimated price range $10 to $12. Internet auto sellers have been gaining in popularity because of their competitive prices and because people enjoy shopping for vehicles without feeling pressured by aggressive sales people, analysts say.

To: AlienTech who wrote (11146)	3/24/1999 5:33:00 PM
From: AlienTech	Respond to of 43080

Not sure how to answer this one. "AutoTradeCenter.com Inc. is the fastest growing, publicly-held wholesaler of used late model and luxury automobiles in the country. " >> I own ANWK. You posted the "hype" news this AM. Sounded pretty negative with your post. Probably is a lot of BS, but UP 40% today...nice. News about 2-3 weeks ago had a $7.00 target on ANWK during 1999. I have no idea where this is going, but I liked it today!!! Just thought your post was sort of anti-ANWK. I have 5k @ 1 1/4.