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To: Madeleine Harrison who wrote (1202)5/21/1999 10:12:00 AM
From: george eberting  Read Replies (1) | Respond to of 1530
 
Speaking of "thinking forward," how would you like to see this kind of response to an IPO? eTOYs worth more that Toys R Us? Mind boggling..... (There's those damn tulips again.)

Thursday May 20, 7:39 pm Eastern Time

FOCUS-Online retailer eToys soars after IPO

By Nadja Rogoszynski

NEW YORK, May 20 (Reuters) - eToys Inc. (Nasdaq:ETYS - news) shares more than
tripled in value after the company's public debut, giving the one-and-a-half year old online
retailer a bigger market capitalization than dominant toy store chain Toys R Us Inc.
(NYSE:TOY - news).

Shares soared to a high of $85 and had settled around $77 in late afternoon Nasdaq trading,
up $57 from the initial public offering price of $20 apiece.