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Monster IPO

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02opida Member Level  Monday, 10/10/05 02:43:28 PM
Re: None
Post # of 538622 
Monster IPO

Among the closest watchers of the new issue will be Bank of America Corp (BAC:
bank of america corporation com
News, chart, profile
Last: 42.24-0.03-0.1%

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FinancialsMore BACnews, chart, profile) 42.24-0.03-0.1%, which invested $2.5 billion in China Construction Bank on Aug. 29 and will invest another $500 million in the IPO.

Investors can expect a relatively smooth run-up to the Oct. 20 pricing of CCB's IPO, as it is in the hands of experienced underwriters and institutional interest.

:)


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