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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (265)3/25/1999 9:16:00 AM
From: kathyh   of 108040
 
Hi Kimberly, Wondering why AWEB opened at only 48% of it's offering price and then a relatively smooth rise to 40, vs. MINE, opened 208% and then ended down... was it the overall negative market day on Tuesday (AWEB) while NAS enjoyed relatives strength Weds. (MINE)?

Are down market days the only time I can expect to have a chance to buy into IPO's at a sustainable level (since I don't have access premarket) or did you see other forces at work?

Thanks!!
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