From: Robert Jacobson <cyberoid@stein2.u.washington.edu>
Subject: Re: INDUSTRY: Iwerks goes public
Organization: WORLDESIGN, Seattle

In article <2a2mk1$80r@news.u.washington.edu>,
Robert Jacobson  <cyberoid@stein3.u.washington.edu> wrote:

>While some may dispute Iwerks' claim that it is a "virtual reality"
>company, the stock market reacted differently, bouncing Iwerks
>initial public offering price of $33 per share to a quick $45 in 
>one day.

My numbers were wrong, but the effect was right: the stock rocketed
from $18 to $33.  I heard from one analyst the remark that "dumb
money" is ready to flow anywhere the words "multimedia" and "inter-
active" intersect.  Take it as you will.

Bob