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Technology Stocks : TIBCO Software Inc - ( Nasdaq - TIBX ) -- Ignore unavailable to you. Want to Upgrade?

To: Brad Rogers who wrote (2)	6/18/1999 8:44:00 PM
From: Mohan Marette	Respond to of 289

TIBCO sets IPO at 7.3 mln common shares WASHINGTON, June 18 (Reuters) - TIBCO Software Inc., whose products allow computer applications to communicate efficiently over the Internet, said Friday it would offer up to 7.3 million common shares in its initial public offering. In an amended filing with the U.S. Securities and Exchange Commission, the Palo Alto, Calif.-based company estimated the initial stock price would be between $9 and $11 per share. In its previous filing, the company did not disclose the amount of stock to be offered nor the estimated initial price range. The company is majority-owned by Reuters Group Plc (quote from Yahoo! UK & Ireland: RTR.L) (Nasdaq:RTRSY - news), the global news and information company headquartered in London. TIBCO has applied to list the shares on the Nasdaq stock market under the symbol ''TIBX.'' Reuters said it would not receive any proceeds from the offering and would remain the largest single shareholder in the company after the IPO. The offering will be made through Goldman Sachs & Co., Bear Stearns & Co. Inc. and Deutsche Banc Alex. Brown. After the offering, the company will have a total of 57,981,852 outstanding common shares. The company will use net proceeds for general corporate purposes, including working capital and capital expenditures, and for potential investments in and acquisitions of complementary technologies.

To: Brad Rogers who wrote (2)	6/20/1999 7:34:00 PM
From: Mohan Marette	Respond to of 289

6/18/99 The company set its price to $9-$11 and set its number of shares to 7,300,000.

To: Brad Rogers who wrote (2)	6/21/1999 9:40:00 AM
From: Mohan Marette	Respond to of 289

Reuters' Tibco Unit Valued at as Much as $638 Mln in SEC Filing Bloomberg News June 21, 1999, 3:06 a.m. PT London, June 21 (Bloomberg) -- Reuters Group Plc's Tibco Software Inc. unit is estimated to be worth as much as $638 million in an amended initial public offering filing with the U.S. Securities and Exchange Commission. The filing said it plans to sell as many as 7.3 million new shares, out of a total of 58 million shares, for an estimated $9 to $11 a share, Adrian Duffield, company spokesman, said. Reuters, which owns a majority of Tibco, will continue to own about half the unit after the IPO on Nasdaq, Duffield said. Reuters, the world's biggest financial information provider, bought Palo Alto-based Tibco, which makes software that links companies' internal operations with their partners and customers, for $125 million in 1994. Analysts have credited the growing value of Reuters' investments in technology and Internet companies for helping its share price rise from 418.5 pence in mid-October to 899.5 pence ($14.35) today. Tibco, in which Cisco Systems Inc. also owns a stake, said in a preliminary SEC filing May 11 that it will use the share sale to recruit and keep software engineers and possibly to help buy or invest in related services, products or technologies. Goldman, Sachs & Co. leads a group of investment banks for the share sale that includes Bear, Stearns & Co. and BT Alex. Brown. Bloomberg LP, the parent of Bloomberg News, competes with Reuters in providing news, information, and trading systems to the financial community.

To: Brad Rogers who wrote (2)	7/7/1999 2:55:00 PM
From: Mohan Marette	Respond to of 289

TIBCO Software to offer shares to Yahoo!, Sun WASHINGTON, July 7 (Reuters) - TIBCO Software Inc., whose products enable computer applications to communicate efficiently across the Internet and other networks, said on Wednesday it will offer common shares to Yahoo! Inc. (Nasdaq:YHOO - news) and Sun Microsystems Inc. (Nasdaq:SUNW - news) to enhance its strategic relationships. TIBCO Software, based in Palo Alto, Calif., is offering directly to Yahoo $4 million worth of its common stock and 500,000 shares to Sun, the company said in a U.S. Securities and Exchange Commission filing. The offerings are being made concurrently with TIBCO Software's already announced initial public offering (IPO). The sales are being made to further strategic relationships with Yahoo and Sun, who have said they intend to buy the shares but are not obligated to do so, TIBCO Software said in the filing. The sale to the two companies would be made at the initial public offering price in non-underwritten transactions, TIBCO Software said. The company plans an IPO of 7.3 million common shares that may be priced in the $9-11 per share range, and the shares will be listed on Nasdaq under the symbol (Nasdaq:TIBX - news), according to the SEC filing. The IPO is expected to begin trading around July 14, according to the lead underwriter, Goldman Sachs & Co. The other underwriters are Bear Stearns & Co. Inc. and Deutsche Banc Alex. Brown. If there is strong demand for the 7.3 million shares, the underwriters have an option to buy 1,095,000 more shares from TIBCO Software at the initial public offering price. The company plans to use the net proceeds for general corporate purposes, including working capital and capital expenditures, and for potential investments in and acquisitions of complementary technologies, the filing said. The company's products are currently in use by more than 300 companies such as 3Com Corp. (Nasdaq:COMS - news), Goldman Sachs Group Inc. (NYSE:GS - news), Yahoo and Motorola Inc. (NYSE:MOT - news). TIBCO Software is a unit of London-based Reuters Group Plc (quote from Yahoo! UK & Ireland: RTR.L) (Nasdaq:RTRSY - news), the global news and information provider, which will continue to hold a majority equity interest in TIBCO Software following the offerings, the filing said.......http://biz.yahoo.com/rf/990707/0b.html