Article: SUNHAWK PLANS PUBLIC OFFERING.

Online Music Service With Just $27,000 In Sales Hopes To Raise $9.0 Million

SUNHAWK.COM, an internet supplier of printed music, has filed an "S-1" form with the Securities and Exchange Commission in preparation for an initial public offering. Coleman & Companies Securities, the lead underwriter of the issue, anticipates raising over $9.0 million in capital by selling 1.2 million shares in Sunhawk at between $7 and $8.

What makes the Sunhawk public offering noteworthy is the company's extremely limited financial record. Sunhawk claims to be a "leading provider of digital music over the Internet," yet for the year ended September 30, 1998, the 37-employee ...

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