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Technology Stocks : Secondary, Follow-On, Combination Offerings (Secondaries)

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To: Gary105 who wrote (17)2/12/2000 1:55:00 PM
From: Rita  Read Replies (1) of 20
 
ipofinancial.com has a list.
(click on "Get the details of all of this
week's deals".) The top/home page lists
the top IPOs of the week including the
secondaries.

I have not participated in any secondaries
but am intrigued to find out more. As noted
in ipofinancial's page, WGRD is supposed
to be hot. With the recent hacking attacks,
one can see why it could be hot but the
price of WGRD has gone from the proposed
$30 to the recent $50+. It is likely that the
follow-on offering may price in a discount.
However, it would be closer to $50 than $30.
With flipping policy enforced now at Etrade,
it is hardly worth the risk of holding more
than 30days or be in the IPO jail. No wonder
the follow-on sign-ups at Etrade have been
tipid.
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