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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (3922)	3/24/1999 10:24:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

iVillage and the Bombay boys. Mumbai-born duo at iVillage bask in Nasdaq glory Thursday, March 25, 1999 Bala Murali Krishna -------------------------------------------------------------------------------- New York, Mar 24: Mohan Hira and Dunston Almeida (Almeida is iVillage's director of business development and finance) didn't exactly become millionaires -- at least not yet -- even though they rode the dizzying dream of making an Internet initial public offering (IPO). And the two Mumbai-born men aren't "going around to that Ferrari dealer out there," too, as Almeida pointed out. But one thing is sure: they are two happy men after iVillage, which operates websites for women, made its IPO. "We are happier 24-year-olds than (we were) yesterday," Hira said hours after iVillage's stock chalked up handsome, but still unspectacular, gains of over 200 per cent from its offer price of $24, already higher since the chief underwriter Goldman Sachs first tested the investors' waters. The stock, listed on the Nasdaq, touched a high of $100 before receding to the 80s. "I am kind of disappointed," said Almeida, in jest. In fact, there was no mistaking the glee in the pair that "grew up on E-mail and Netscape's IPO" four years ago...... financialexpress.com

To: Mohan Marette who wrote (3922)	3/24/1999 11:37:00 PM
From: Satish C. Shah	Read Replies (2) \| Respond to of 12475

Hello Mohan: No, have not had the time yet for rereading "In Light....". Just finished another book on world history, "the Way of the World" by David Fromkin. talk about a Eurocentric book. If you read this book, you will distinctly come out with the feeling that rest of the world (i.e. sans Europe) is as useless as the .... But a good book is "In Search of Nature" by Edward Wilson, twice Pulitzer winner, and i think will win again this year for his "Consilience, the unity of Knowledge". Thaks. regards, Satish