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

To: Michael Calderon who wrote (3350)	5/26/1999 6:37:00 PM
From: neverenough	Respond to of 15145

If anyone is interested, I just received this from IPO.com, seems as if they too are doing IPO's, although it seems as if they cater to small caps. Could be a POS, but worth a look. As a registered user at IPO.com - ipo.com - the following press release is being sent to you as a courtesy to update you on an offering at the IPO.com web site. The Objective Communications online stock offering is now available to qualified investors at ipo.com ---------------------------------------------------------------------- FOR IMMEDIATE RELEASE Contact: Robert H. Emery, Vice President, Finance and Administration (603) 334-6700 Investor Relations Contact: John Heilshorn/Vince Daniels Lippert/Heilshorn & Associates, Inc. (212) 838-3777 Objective Communications Announces Public Offering Posted On IPO.Com Portsmouth, NH - May 20, 1999 - Objective Communications, Inc. (Nasdaq SmallCap: OCOMC), a leading provider of real-time network video communications solutions, today announced that the public offering of its securities registered with the Securities and Exchange Commission on a Registration Statement on Form SB-2, is now posted on IPO.COM (www.ipo.com), the premier investment banking Internet Website. The Company is now ready to accept investor interest in its securities via this Internet site. The Company is publicly offering 2,000,000 units, with each unit consisting of two shares of common stock and one redeemable common stock purchase warrant. Southeast Research Partners, Inc. and Ladenburg Thalmann & Co. are acting as the underwriters of the estimated $15 million underwritten equity offering. Objective Communications' decision to post its offering on the Internet reflects the Company's strong conviction that technology and the Internet play an increasingly critical role for technology companies. Objective Communications designs, develops and markets the VidPhone system, a full-motion, high resolution, cost-effective video network system that uses the same wiring as the telephone. Users of the VidPhone video network system can view broadcast video from a variety of sources including direct broadcasts of "live" communications, satellite broadcasts and stored video, and participate in multi-party video conferences from desktop personal computers or conference rooms. With the introduction of Release 1.5 of the Company's VidPhone software, which the Company expects to occur in June 1999, users also will be able to retrieve and view stored video on demand. The VidPhone system is designed to be compatible with existing video conferencing systems while offering additional features. This Press Release does not constitute an offer to sell or the solicitation of an offer to buy any securities proposed to be sold by the Company in the offering, which will be made by means of a prospectus relating to those securities. A registration statement relating to the securities proposed to be sold by the Company in the offering has been filed with the Securities and Exchange Commission but has not yet become effective. The securities proposed to be sold by the Company in the offering may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This Press Release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. A prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, may be downloaded from www.ipo.com (http://www.ipo.com/objective.asp) or obtained from: Ms. Hope Vigiani, Southeast Research Partners, Inc., One State Street Plaza, New York, New York 10004, Telephone: (212) 208-6578. Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results and future events may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions and other risk factors detailed in the Company's most recent filings with the Securities and Exchange Commission.