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

To: Roader who wrote (3977)	4/1/1999 1:50:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

Long On America (LOAX-Tentative pricing April.7/8. A Northeast regional competitive local exchange carrier and Information/Internet Service Provider positioning itself to provide a full range of Internet, voice, data and cable programming solutions to commercial clients. CEO: David R. Paolo CFO: Kenneth M. Cornell Filed on: 1/8/99 Ticker: LOAX Price: $10 -------------------------------------------------------------------------------- SIC 7375 State of Incorporation DE Employees, Full-time\|Part-time 12 Fiscal Year-End 12/31 Revenue $0.8 Mln (FY 98) Net Income $(0.4 Mln) Lead Underwriter DIRKS & CO INC Est. Offering Amount 23000000 -------------------------------------------------------------------------------- RECENT NEWS 3/10/99 The company ammended filing states "the anticipated IPO price will be $10", well above the original price range of $7-$8. 3/10/99 The company changed its symbol from AMEX:LOA to NASDAQ:LOAX. 2/3/99 The company replaced underwriter Security Capital Trading Inc with Dirks & Co Inc. A Northeast regional competitive local exchange carrier and Information/Internet Service Provider positioning itself to provide a full range of Internet, voice, data and cable programming solutions to commercial clients. Status/Tentative Pricing APR7-8 Lead Underwriter DIRKS & CO INC Exchange NASDAQ Ticker LOAX Price $10 Shares 2,000,000 Shares Offered by Company ALL Over-Allotment 300,000 Est. Offering Amount 23000000 Est. Offering Expenses 0 Post-Offering Shares 6,610,716 Lockup Period 365