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To: Sarmad Y. Hermiz who wrote (56498)5/13/1999 8:13:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
ImageX.com Inc. files for $50 mln IPO
WASHINGTON, May 12 (Reuters) - ImageX.com Inc., an online
printing company, said Wednesday it hopes to raise $50 million
through an initial public offering of common stock.
The Bellevue, Wash.-based company did not disclose the
number of shares in the offering or provide an estimated price
range for them in its preliminary IPO filing with the
Securities and Exchange Commission.
The filing coincides with a red-hot new issue market for
companies doing business on the Internet.
ImageX.com applied to trade the shares on Nasdaq under the
symbol <IMGX.O> and the underwriters are Volpe Brown Whelan and
Prudential Securities.
ImageX.com believes it is the first company to offer
software that automates the traditional, error-prone,
time-consuming and labor-intensive commercial printing process.
Businesses access a customized Web site that contains a
digital catalog of all of their custom-printed materials, from
marketing brochures to stationery to business cards.
Its customers include Amazon.com Inc. <AMZN.O>, Merck and
Co. Inc. <MRK.N> and Silicon Graphics Inc. <SGI.N>, the SEC
filing said.
ImageX.com, which began operations in 1996 and commercially
introduced online printing services in October 1997, will use
net proceeds from the IPO for working capital, business
acquisitions, debt repayment and general corporate purposes.
Its biggest shareholders include entities affiliated with
Acorn Ventures Inc., also based in Bellevue, and Technology
Partners of Belvedere, Calif.



To: Sarmad Y. Hermiz who wrote (56498)5/13/1999 9:18:00 AM
From: HG  Read Replies (1) | Respond to of 164684
 
I think the regular and constant recovery of these stocks has made a lot of people complacent.Its scary, but usually people just sit out there losses. It will be back, its something we all say !!!!

I'm not sure about those people you mention, but my guess is that unless margin requirements put pressure, they are probably saying - ah well, I'll wait it out

It scares me to think what if one day the market doesn't recover !



To: Sarmad Y. Hermiz who wrote (56498)5/13/1999 10:15:00 AM
From: John Donahoe  Read Replies (2) | Respond to of 164684
 
But at the moment there have to be many investors sitting on large losses in amzn yhoo dclk ebay nsol awre and many others

I doubt there are very many. Most longs are sitting on large profits IMO.