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Microcap & Penny Stocks : ALFN - Toy Store On The Internet -- Ignore unavailable to you. Want to Upgrade?


To: Pat Maguire who wrote (1829)5/18/1999 6:46:00 PM
From: DavidCG  Read Replies (4) | Respond to of 2136
 
Put my ALFN profits into PRCM: WIRELESS BROADBAND INTERNET for .30 !!

Only 3 million shares OS, .30 a share.

$3.50 is the 52 week high. Just NOW bouncing off its lows.

Catch it before it gets away.

No one follows this stock yet.

Except little ol me

ALFN was very kind to me today, thanks ALFN!

-DavidCG



To: Pat Maguire who wrote (1829)5/19/1999 9:20:00 AM
From: Bryan  Respond to of 2136
 
I've heard brokers saying that the prices will be double this; around $40-$45/shr on the IPO. Nevertheless, this is good news for our fledgling, ALFN.

May 19, 1999 08:14

eToys Tinkers With IPO, To Sell 8.32M Shares In $18-$20 Range

(NewsTraders.com)-- Online toy retailer eToys.com has revised its pending initial public offering and now expects to sell 8.32 million shares for $18 to $20 each, which is a huge increase from an earlier range of $10 to $12 per share, according to an amended regulatory filing released today by the SEC.

Following the IPO, eToys will have 101.8 million shares outstanding, therefore about an 8% stake is being sold in the offering, which is expected to attract flocks of investors.

The company plans to use the proceeds for general corporate purposes, principally working capital and capital expenditures.

For the fiscal year ended March 31, the e-tailer posted a net loss of $73.9 million after $34.7 million in sales, on a pro forma basis to account for its pending acquisition of Baby Center.

Notably, Intel (INTC) will have a 7.56% stake in eToys upon completion of the public stock offering.

Investment banking giant Goldman Sachs (GS) is the lead underwriter.

Based in Santa Monica, Calif., eToys can be located on the Internet at etoys.com.

IPO Expectations:
Price per share: $18-to-$20 range
Shares being offered: 8.32 million
Shares to be outstanding: 101.8 million
Company location: Santa Monica, Calif.
Exchange/Symbol: Nasdaq/ETYS

Underwriter(s): Goldman Sachs; BancBoston Robertson Stephens; Donaldson Lufking Jenrette; and Merrill Lynch;

ipocentral.com

Good luck today everyone!

bk