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MONEY SAVVY WEEKEND : Savvy Confidential: A Briefing for Investors : Ticker Talk

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Times Staff and Wire Reports

Westlake Village-based NetZero Inc. (ticker symbol: NZRO), which offers free Internet service with inescapable ads, sold 10 million shares at $16 each Thursday, above the estimated range of $9 to $11. The stock will start trading today on Nasdaq. . . . Initial public offerings showed continued muscle Thursday despite the market’s overall downturn: EGain Communications Corp. (EGAN) soared $11 to close at $23; Interactive Intelligence Inc. (ININ) climbed $11.06 to close at $24.06; Cybergold Inc. (CGLD) gained $3 to close at $12; Yesmail.com Inc. (YESM) advanced $2.06 to $13.06; and tool maker Jore Corp. (JORE), the only non-Internet offering, rose $2.31 to close at $12.31. But Ashford.com Inc. (ASFD) gave up early gains and closed unchanged at $13.

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