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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)
ET 16.40+1.0%11:22 AM EST

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To: lurknomore who wrote (5331)7/11/2000 10:19:01 PM
From: Captain James T. Kirk  Read Replies (1) of 10270
 
What's the downside you ask? I have one word for that....OPUS. The only IPO that I ever got allocated in three accounts. The only one where I did not flip in the first day. AND it is currently down 60% from the offering price. What's the downside? Plenty, especially when your holding 600 shares of DEVINE. I could have got out of OPUS on day one with 4 points, but I said," that is not enough, not worth the flip". So now I keep it as a reminder. I think PT Barnum said it best..................
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