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Technology Stocks : Avalon Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Tony who wrote (1052)5/2/1999 3:38:00 AM
From: Madeleine Harrison  Read Replies (1) | Respond to of 1530
 
As to the stock... am I correct in believing that the
shares in AHS which AVAL was exchanged for are not
trading at this time, and that is the IPO that people
were talking about earlier?


Tony, Everyone is asleep but I am not, so I am going to answer:-)
Correct.
AHS (d/b/a StayHealthy.com, Inc) is a private company.
The company is lining up it's ducks for an IPO. The last
release on April 28 would suggest it will have a fine revenue
stream quite soon, and the caliber of management makes me
believe that by IPO time, the company will be astonishing
its own underwriters, not to mention its investors.

I see on your profile you work in the market. Perhaps you are
aware of an Internet IPO called Priceline.com (PCLN)? The IPO
pricing a month or so ago was $16. At the time they had
very little in sales. Stock closed $163 Friday,
up 915% since coming on the scene.

Think what StayHealthy.com should do if they go into the IPO
with handsome revenues already. Few or no Internet stocks have
IPO'ed that way that I know of.
-Madly
PS: Drop me an email at
madly@ntrnet.net
if you have time. I'd really like to hear how you
decided to work in the CME and what it's like.



To: Tony who wrote (1052)5/2/1999 9:51:00 AM
From: equalizzer  Read Replies (1) | Respond to of 1530
 
Yes you are correct. You will need to tender your Avalon stock to the transfer agent who will exchange them for AHS shares. It is the new companies shares that you will now own.