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Technology Stocks : @HOME IPO

ATHM 25.20

+0.2%

Oct 31 9:30 AM EST

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To: Sam Citron who wrote (357)	7/12/1997 1:52:00 PM
From: Jon Tara	of 383

Sam, I did scalp RMBS on the opening day, and it worked out nicely - guess that's why I thought I could get away with it here. :) RMBS acted more typically for an IPO, down initially, but then up to the close. Hate to say it, but ATHM is acting more like Amazon.com. Guess the first thing you have to do with an IPO is determine: "is it a Rambus, or is it an amazon.com"? :) The loss was minimal, as I didn't buy a lot of shares, and didn't let it get too far. There was no way I was going to let that position sit there without watching.

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