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To: accountclosed who wrote (37841)5/2/1999 6:28:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 86076
 
AR: I saw the number somewhere on yahoo, we will undoubtedly see it in print again, I didn't make the collusion and the timing up as it was documented in the press. Taking a company public is nontrivial, the investment banks get % of total market cap I think. M&A and large IPOs is profitable when the market cap is large, that's an element of the stock price inflation seen in telecom and bank stocks in recent years.


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