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August 27, 1999 | Reuters
Bamboo.com Inc. and Imagex.com Inc. soared in their trading debuts Thursday on Nasdaq, benefiting from the conservative pricing of their initial public offerings and the thin summer IPO calendar. Bamboo.com (ticker symbol: BAMB), which offers 360-degree virtual tours of real estate properties on the Internet, rose $10.56, or 151%, to $17.56 after its $7-a-share IPO. The Palo Alto-based company raised $28 million in its offering, compared with its original estimates of as much as $60 million.
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BUSINESS
August 27, 1999 | Reuters
Bamboo.com Inc. and Imagex.com Inc. soared in their trading debuts Thursday on Nasdaq, benefiting from the conservative pricing of their initial public offerings and the thin summer IPO calendar. Bamboo.com (ticker symbol: BAMB), which offers 360-degree virtual tours of real estate properties on the Internet, rose $10.56, or 151%, to $17.56 after its $7-a-share IPO. The Palo Alto-based company raised $28 million in its offering, compared with its original estimates of as much as $60 million.
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BUSINESS
September 21, 1999 | Bloomberg News
Among the new and revised stock ratings issued Monday by Wall Street analysts: * Bamboo.com Inc. (BAMB; $22.75, up $1.50) was rated "buy" in new coverage by Dain Rauscher Wessels, with a target price of $35. * Clearnet Communications Inc. (CLNTF; $16.69, up 38 cents) was downgraded to "neutral" from "attractive" by Bear Stearns. * EchoStar Communications Corp.(DISH; $90, down $7) was downgraded to "hold" from "buy" by CE Unterberg Towbin, with a target of $92. * General Electric Co.
BUSINESS
August 30, 1999 | JAMES F. PELTZ, TIMES STAFF WRITER
Two fledgling health-care services companies in California hope to follow their rivals and get financial booster shots with initial stock offerings. But the firms themselves indicate that the shares aren't for the queasy. TriZetto Group Inc., a Newport Beach-based provider of data processing and Internet-related services to the health-care industry, is hoping to raise about $57.5 million with its initial public offering. The other is PlanetRx.com Inc.
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