EPAY Message Board - Msg: 8048974

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Technology Stocks : EPAY

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To: Wesley Jack who wrote (180)	2/26/1999 10:20:00 AM
From: Victor Lazlo	of 717

Wesley you are on to something. Many excellent ipo's (real co's with real revs and earnings) will take a J-curve pattern where they dip substantially over the several weeks after the ipo, then recover and really do well. I think as some of the vc and other big boys sell, the stocks dip, for no fundemental reasons. I did well buying during the dips this way with brkt and ktic. Arbor software is another example as is Chicago Minature Lamp. (These go back a few years, but this pattern continues to repeat itself over and over with many ipo's.) Victor

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