| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Banyan of Westboro MA is about to have an IPO. Does anybody have
information about the company. All that I have heard is the initial
offering price will be between $10-$12.
John
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 243.1 | MR4DEC::GREEN | Perot's the dude | Tue Jul 14 1992 22:07 | 16 | |
About:
100 million in sales
2.7 million in profit
650 employees
No growth in the past year, attributed to drop off in their hardware
line (they used to make their own servers). Last year rev was 98
million with 4.7 million in profits.
9% of the company will be sold.
| |||||
| 243.2 | MR4DEC::GREEN | Perot's the dude | Tue Jul 14 1992 22:40 | 13 | |
Banyan Systems - Going public. To sell 2.67 million shares at $10 to $12 each
{The Boston Globe, 30-Jun-92, p. 35}
Banyan will sell 1.4 million shares itself, while existing shareholders
would offer the remaining 1.27 million shares. The Westborough, Mass.,
computer networking company said in its prospectus that selling shareholders
would include founder and chairman David C. Mahoney and some of its longtime
investors. Among the existing shareholders not selling stock are Greylock
Ventures Ltd. Partnership, Banyan's largest stockholders, and Sutter Hill
Ventures of Palo Alto, Calif. After the offering, Banyan would have 15.2
million shares outstanding, with 9% held by the public.
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| 243.3 | heard at party now at $65? can't be right... | APLVEW::DEBRIAE | Erik | Wed Oct 13 1993 12:24 | 4 |
What is Banyan at now? Is it listed in NASDAQ?
-Erik
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| 243.4 | 16-18 | SUBWAY::WALKER | Wed Oct 13 1993 12:50 | 2 | |
Bouncing regularly between 16-18.
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| 243.5 | thanx... | APLVEW::DEBRIAE | Erik | Fri Oct 15 1993 11:24 | 1 |