BANY: Core business growth, exciting affiliations! Message Board

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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: brad greene who wrote (2933)	9/25/1998 11:39:00 AM
From: Hockeyfan	Read Replies (1) of 5847

Wait a minute At the risk of being pummeled, I must point out that the lead underwriter on this deal was Goldman Sachs and one of the other underwriters provided strong research support - >>Others saw the fact that Morgan Stanley Dean Witter, ranked by Securities Data Co. as the No. 1 underwriter for new issues, with bookings totaling $3.89 billion in 1999, initiated coverage of eBay with an outperform rating even before it opened for trading as a sign of the firm's strength. Typically, Wall Street firms will not place a rating on a stock until 30 days from its IPO.<< Nevertheless the IPO was impressive and Anything may be able to take a coattail ride if the similarities are well publicized. ''We have a stock that is an Internet company, an Internet IPO that is making money,'' said Menlow. ''This is unheard of.''

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