SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (60824)6/6/1999 1:52:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Mark, I'm an old fashioned guy, and your from the new economy.
Even though I'm slow to react, I did get into this. Did you??
>>
Denver, June 4 (Bloomberg) -- High Speed Access Corp., which provides fast Internet connections over cable-television lines, rose 57 percent in its first day of trading following an initial stock sale.

The Denver-based company rose 7 3/8 to 20 3/8 as 16.5 million shares changed hands on the Nasdaq Stock Market. The company closed with a market value of $1.06 billion.

High Speed Access yesterday sold 13 million shares at $13 each, raising $169 million. The sale represented a 25 percent stake.

High Speed Access trades under the symbol ''HSAC.'' Lehman Brothers Holdings Inc. and J.P. Morgan & Co. handled the sale, with assistance from Banc of America Securities LLC and CIBC World Markets.

Jun/04/1999 18:37

For more stories from Bloomberg News, click here.

(C) Copyright 1999 Bloomberg L.P. <<