| Ticker: EGRP | Four Embarcadero Place, 2400 Geng Road | |
| Exchange: NASDAQ-National Market | Palo Alto, California 94303 | |
| Industry: Financial | (415) 842-2500 |
| Type of Shares: | Common Shares | Filing Date: | 6/7/96 | |
| U.S. Shares: | 5,665,000 | Offer Date: | 8/16/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 5,000,000 | Offer Price: | $10.50 | |
| Secondary Shares: | 665,000 | Gross Spread: | $0.74 | |
| Offering Amount: | $62,315,000 | Selling: | $0.42 | |
| Expenses: | $1,745,000 | Reallowance: | $0.10 | |
| Shares Out After: | 29,392,597 |
| Manager | Tier | Phone |
| Robertson, Stephens & Company | Lead Manager | (415) 989-8500 |
| Deutsche Morgan Grenfell | Co-manager | (212) 468-5000 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 576-3423 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $23.34 | $34.48 | $15.15 | Assets: | $29.69 |
| Net Income: | $2.58 | -$1.33 | $2.15 | Liabilities: | $7.31 |
| EPS: | $0.10 | -$0.05 | $0.08 | Equity: | $22.38 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading provider of cost-effective, secure electronic brokerage services. The company offers automated order placement, portfolio tracking and related market information, news, and other information services 24 hours a day, seven days a week by means of the, CompuServe, America Online, direct modem access, touch-tone telephone and, to a lesser extent, interactive television. The company's proprietary transaction processing technology enables it to offer highly automated, easy-transaction processing technology enables it to offer highly automated, easy-to-use and cost-effective services that empower its customers to take control of their own financial transactions. Further, the company's technology can be adapted to provide information and transaction processing services related to other aspects of electronic commerce. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt and for working capital and general corporate purposes, including capital expenditures and potential acquisitions. |
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