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Technology Stocks : IPOs: Too many, too fast, to little buyers?

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To: RockyBalboa who wrote (11)7/20/1999 5:05:00 PM
From: Mad2  Read Replies (1) of 84
 
No Net2Phone yet? Cust is still comming down from Monday gap, FSTW also is settling. Too many new issues. Methinks that the market (particularly the technologies) will be drifting down heading into the fall. I think were in for a reality check. My own experience is it is becoming difficult to find qualified personal and the cost of adding new personal is rising very fast. This coupled with threat of rising rates can be a hit the market hard.
Mad2
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