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Technology Stocks : George Gilder - Forbes ASAP
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To: Starlight who wrote (2628)1/15/2000 2:19:00 PM
From: Cosmo Daisey   of 5853
 
Elizabeth,
E*Trade has an IPO opportunity. I haven't used it but it seems pretty straight forward. In the future look for better availability of IPO's and a bidding process to take some of the volatility out of opening day and allow the company to reap the benefit of a higher price instead of first day sellers. It's discouraging for a company to sell it's shares at $25 and see it open at $150. The idea of having the market set the IPO price will be better for the company and that's what the IPO is for.
cdaisey@ipo-runup.com
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