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Technology Stocks : Flycast Communications Corporation (FCST) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Ohlendorf who wrote (11)4/30/1999 1:38:00 PM
From: Mohan Marette  Respond to of 148
 
Michael: The tentative pricing is scheduled for May 3rd or 4th according to my information.Getting in at the open 'at market' may not be a good idea,I think you get a better chance of getting the thing at a lower price the second day of trading. The increase in the price range may be an indication of the strong demand,it usually is.



To: Michael Ohlendorf who wrote (11)4/30/1999 1:45:00 PM
From: soylent  Respond to of 148
 
Per the underwriter it will trade on Tuesday 5/4. Pricing 5/3



To: Michael Ohlendorf who wrote (11)4/30/1999 3:57:00 PM
From: Mohan Marette  Respond to of 148
 
Flycast-Sign of strong demand.

Yeah Michael,looks like demand outstrips supply here.Should have at least a good opening day,profit taking the next.
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Friday April 30, 3:33 pm Eastern Time

Flycast expected IPO price range raised to $21-23

NEW YORK, April 30 (Reuters) - In a sign of strong demand, the expected price range for Flycast Communications Corp.'s initial public offering was raised to $21 to $23 from $15 to $17, lead underwriter BT Alex. Brown said Friday.

The Web-based advertising provider is offering 3.0 million shares. It is slated to price May 3.

Net proceeds will be used for working capital and general corporate purposes



To: Michael Ohlendorf who wrote (11)5/3/1999 8:03:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 148
 
Flycast Communications' Initial 3 Mln Shares Priced At 25

Michael:
According to Bloomberg FCST has been priced at $25.00 finally tonight, should start trading tomorrow.
=================

Bloomberg News
May 3, 1999, 4:33 p.m. PT

San Francisco, May 3 (Bloomberg) -- Following are the details from
Flycast Communications Corp.'s initial public offering of 3 million common shares at a price of 25.


Company: Flycast Communications Corp.
Lead Manager: BT Alex. Brown
Common: 3 million
Price: $25
Amount: $75 million
Gross Spread: $1.75
Selling Concession: $1.05
Underwriting Fee: $.35
Management Fee: $.35
Reallowance: $.10
Trade Date: May 4, 1999
Settle Date: May 7, 1999 news.com