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April 30, 1999 | Jonathan Gaw
A Laguna Niguel company focusing on Internet-based infomercials began trading as a bulletin board stock Thursday, and, despite not making any regulatory filings, the price of its shares more than doubled. eCommercial.com offers technology to send downloadable multimedia content, a field already crowded by the likes of RealNetworks Inc., Microsoft Corp., IBM Corp. and AT&T Corp. The company's shares opened at $4.50 and rose as high as $9.50 before closing at $9.
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BUSINESS
April 30, 1999 | Jonathan Gaw
A Laguna Niguel company focusing on Internet-based infomercials began trading as a bulletin board stock Thursday, and, despite not making any regulatory filings, the price of its shares more than doubled. eCommercial.com offers technology to send downloadable multimedia content, a field already crowded by the likes of RealNetworks Inc., Microsoft Corp., IBM Corp. and AT&T Corp. The company's shares opened at $4.50 and rose as high as $9.50 before closing at $9.
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