Buying IPOs on the open market Message Board

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Technology Stocks : Buying IPOs on the open market

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To: rdmsqito who wrote ()	8/27/1999 8:47:00 AM
From: vinniemak	of 5529

Anyone check out BRNC.....Braun Consulting Their IPO was underwritten by DLJ who usually puts out good ones. BRNC amongst the "very few" with positive earnings as well. They apparantely have a "large" customer base. The stock jumped earlier in the week by 2-1/2 bucks trading 1.6 million shares and reached a high of 9-5/8. It was trading earlier in the week for only 6-1/2. Now at 8-7/8. There is absolutely no news and so I was wondering if anyone knew why and is there any upcoming news which will make this soar?? Maybe a case of "Buy on rumor and Sell on News" ?? Any information will be appreciated. Sincerely, V.M ====

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