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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: TechJustice who wrote (2432)5/12/1999 6:51:00 PM
From: JIMMY LIU  Respond to of 15145
 
Wed, 12 May 1999, 6:48pm EDT
Intelligent Life's Initial 3.5 Mln Common Shares Priced At 13
By Paul Accetta

North Palm Beach, Florida, May 12 (Bloomberg) -- Following are the
details from Intelligent Life Corp.'s initial public offering of 3.5 million
common shares at a price of 13.

Company: Intelligent Life Corp.
Lead Manager: ING Baring Furman Selz
Common: 3.5 million
Price: $13
Amount: $45.5 million
Gross Spread: $.91
Selling Concession: $.54
Underwriting Fee: $.185
Management Fee: $.185
Reallowance: $.10
Trade Date: May 13, 1999
Settle Date: May 18, 1999



To: TechJustice who wrote (2432)5/13/1999 12:15:00 AM
From: Eric Shih  Respond to of 15145
 
I am starting to get impressed with the potential of Alloy Online and its target market. Anybody do a comparison to ITurf yet? Alloy is pricing their shares in a range of 10-12 (initially) and it has about 14,000,000 total shares outstanding, giving it a market cap of around $170,000,000. This valuation places a Price/Sales ratio of about 17X on year-end revenues of $10 million. ITurf has only about $4 million sales in its last year-end period, with a Price/Sales ratio of over 100X at its market cap of over $600 million. If the market give Alloy the same type of valuation, then it should trade up to around $70 a share. Any opinions on Alloy's potential and that compared to ITurf?