Elastic Networks Inc. Announces Initial Public Offering.Business Editors ALPHARETTA, Ga.--(BUSINESS WIRE)--Sept. 29, 2000 Elastic Networks Inc., a provider of next-generation DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary technology, today announced the initial public offering of its common stock on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol ELAS ELAS Elastic ELAS Equitable Life Assurance Society ELAS Ethnikos Laikos Apeleftherotikos Stratos (Greek: National Popular Liberation Army) ELAS Enhanced Logbook Automation System (US Army aviation initiative) . The initial price for the 7.8 million shares is $13 per share. 6.8 million shares were offered by the company and 1 million shares were offered by Nortel Networks Limited. The shares are being offered through underwriters led by Chase H&Q and co-managers Robertson Stephens and USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. Warburg LLC. A copy of the final prospectus may be obtained from the offices of Chase H&Q, One Bush Street, San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 94104. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. |
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