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Technology Stocks : InsWeb Corp-(INSW)

INSW 51.23

+2.0%

Oct 31 9:30 AM EST

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To: Mary Baker who wrote (43)	7/23/1999 7:36:00 PM
From: Mohan Marette	of 116

No need to get embarrassed,it happens to the best of us I think, at least it happens to me now and then.I usually don't trade IPOs in the secondary market,the last two I tried- Perot Systems and Modem Popeye or whatever,one I made good money one I lost good money,haven't done any trading of IPOs in the secondary market since then for one thing the price movement is too unpredictable,if the timing is not just right it doesn't work. So now my strategy is don't buy it if I can't get them in primary market at the offer price no matter how attractive it looks.Anyway I didn't get this one so that is the end of that for me on this one.

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