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ECT News Community   »   E-Commerce Times Talkback   »   Re: Virgin Mobile IPO Gets Lukewarm Applause

Re: Virgin Mobile IPO Gets Lukewarm Applause
Posted by: Keith Regan 2008-07-20 12:52:52
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Virgin Mobile USA staged its long-anticipated initial public offering Thursday, raising more than $400 million in the process, but investors gave the shares a fairly modest boost out of the gate. Shares of the virtual network operator, which focuses on selling
pay-as-you-go mobile services to a largely young audience, priced late Wednesday at $15, the bottom end of the previously announced price range of $15 to $17. When they began trading mid-morning Thursday under the symbol "VM," the shares bumped up about 6 percent to $15.83.

Posted by: thewizardofod 2008-07-20 12:59:32 In reply to: Keith Regan
It seems that Blyk is taking off well in the UK. To begin with you either had to meet a rep at a Uni or in the street or have an invite to sign up but now that they have brought out a sister site that needs no blyk invite code to sign up their signups have increased hugely. Sister site is www.blyksim.com.
Both my kids have them and love them
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