ESpeed, Inc. (ESPD) IPO set for early December

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Technology Stocks
ESpeed, Inc. (ESPD) IPO set for early December

An SI Board Since November 1999

Posts	SubjectMarks	Bans	Symbol
45	4	0	ESPD

Emcee: jimbo	Type: Unmoderated

Introduction Market Data Compact

From Ostman.com, 11/16/99

ESpeed, Inc.
Operator of interactive electronic marketplaces designed to enable market participants to trade securities and other products in real-time. A division of Cantor Fitzgerald LP.

CEO: Howard W. Lutnick
CFO: Kevin C. Piccoli
Filed on: 9/21/99
Ticker: ESPD
Price: $17-$19

Status DEC early
SIC 7379
State of Incorporation DE
Employees, FT|PT 330
Fiscal Year-End 12/31
Revenue $12.5 Mln (3/99-6/99)
Net Income $(3.4 Mln)
Lead Underwriter WARBURG DILLON READ LLC
Est. Offering Amount 253,000,000

RECENT NEWS
11/16/99 The company set its price to $17-$19 and set its number of shares to 8,500,000 and added Hambrecht & Quist and Cantor Fitzgerald to underwriter list.
9/21/99 The company filed for IPO.

REUTERS
WASHINGTON - Nov 16,1999 (Reuters) - ESpeed Inc. plans to offer 8.5 million shares at $17 to $19 each in its initial public offering, the company said in a Securities and Exchange Commission filing on Tuesday. The company, a recently-formed division of Cantor Fitzgerald LP that operates interactive, real-time electronic marketplaces, will offer 6 million shares. Cantor Fitzgerald Securities plans to sell the remaining 2.5 million shares.
ESpeed said it plans to use net proceeds, an estimated $98.5 million, to invest in hardware and software, hire personnel to develop new markets in both financial and non-financial sectors, and for marketing, working capital, possible acquisitions and general corporate purposes. The company will not receive any of the proceeds from the sale of shares by Cantor Fitzgerald Securities.
After the offering, there will be 8.5 million shares of Class A common stock and 41.5 million of Class B common stock outstanding, putting eSpeed's initial market value at about $900 million based on a price of $18 per share.
The underwriters, Warburg Dillon Read LLC, Hambrecht & Quist, Thomas Weisel Partners LLC and Cantor Fitzgerald & Co., have been allotted 1.275 million extra shares to purchase in the event of heavy demand.
The company has applied to list its shares on Nasdaq under the symbol "ESPD" ESPD.O.

Rtr 14:41 11-16-99
Copyright 1999, Reuters News Service

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
45	BGCP up 40%+ AH to 5.40 4:05PM NASDAQ to acquire eSpeed platform for trading o	Sr K	-	4/1/2013
44	eSpeed's ambitious new project: <b>Emerging CME rival shaping up An	Glenn Petersen	-	12/30/2007
43	Activist Track: No Rest for eSpeed thestreet.com	JakeStraw	-	4/23/2007
42	<<Just took a small position in ESPD, at $8.57.>> Purchased additio	CFA	-	8/16/2005
41	Just took a small position in ESPD, at $8.57. Looking for $12+/share within 18	CFA	-	2/24/2005
40	Sorry but I didn't get back to this email until today and the file was gone.	mikiespeedracer	-	8/24/2004
39	Insider buying.. sec.gov mary_doc.xml It translates as: Saltzman Paul Chief Op	Home-Run	-	7/11/2004
38	Can't believe no one is on this thread. This stock is doing so great compar	mikiespeedracer	-	12/20/2002
37	RESEARCH ALERT-JP Morgan cuts eSpeed rating biz.yahoo.com NEW YORK, Feb 14 (Reut	JakeStraw	-	2/14/2002
36	>>is he asking for your sexual orientation ??? Nah, 'fa' & &	JakeStraw	-	2/14/2002
35	what ??? is he asking for your sexual orientation ???	quasi-geezer	-	2/13/2002
34	eSpeed reports Q4 profit, forecasts Q1 profit biz.yahoo.com NEW YORK, Feb 12 (R	JakeStraw	-	2/13/2002
33	JS< same here. I first heard about it yesterday at 8 or so. It trades thin so	michael97123	-	1/4/2002
32	>>Are you fa or ta oriented? A little of both...with some gut feelings t	JakeStraw	-	1/4/2002
31	JS, Keep me advised on what you think and i will do the same. Are you fa or ta o	michael97123	-	1/4/2002
30	mike, Thank you for bringing ESPD back on my screen. At around $9/sh. it's d	JakeStraw	-	1/4/2002
29	Thanks Jake.	michael97123	-	1/4/2002
28	mike, Have you read this? Tough Battles Loom for Electronic Bond Trading By Ros	JakeStraw	-	1/4/2002
27	Jake, I dont fully understand the co. I was told espeed would be doing more work	michael97123	-	1/4/2002
26	michael97123, No I haven't been following ESPD lately. Funny you mentioned i	JakeStraw	-	1/4/2002
25	Jake, Are you still following ESpeed. I have just heard non specific favorable	michael97123	-	1/4/2002
24	The Growth Report November 21st 2001 Vol. 1 Issue 14 <http://www.growthreport	JakeStraw	-	11/21/2001
23	investor.cnet.com <i>eSpeed Inc(ESPD) 1 - Strong Buy eSpeed Business Remai	JakeStraw	-	4/4/2001
22	eSpeed Launches Electronic Trading of Treasury Swaps and Corporate Bonds biz.ya	JakeStraw	-	10/11/2000
21	eSpeed launches electronic JGB trading biz.yahoo.com	JakeStraw	-	9/26/2000

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