| An SI Board Since August 1998 |
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GIGX |
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Giga Information Group Announces IPO
CAMBRIDGE, Mass.--(BUSINESS WIRE)--July 31, 1998--Giga Information Group, Inc. announced today that its initial public offering of 3,000,000 shares at a price of $12.50 per share has become effective. The Washington D.C. based firm of Friedman, Billings, Ramsey & Co. was the lead manager for the offering. Prudential Securities Incorporated was co-manager. Giga's stock is trading on the Nasdaq National Market under the symbol "GIGX."
Giga Information Group, headquartered in Cambridge, Massachusetts, sells knowledge which supports enterprise decision making in the field of Information Technology ("IT") with a focus on computing, telecommunications and related industries. Giga began providing its services in April 1996, and today, its global client base exceeds 840 organizations including IT vendors, IT departments and institutional investors.
The Company's Web site can be accessed at gigaweb.com
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