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 (883)	9/9/1999 12:53:00 AM
From: Marshall001	of 5529

Good point and it is the thing that I learned the hard way. I bought SATH at 17 1/4 when they announced the "major news in 10 days" crap early this year. I took it all the way up to 30+ waiting for the HUGE news... The news was of course crap and all the insiders dumped thier shares and I finally got a fill at 13. Moral, Do not get too greedy. There are 60 new issues to trade this month alone. I tend to leave the dance too soon but I am still dancing.. Kind of the designated driver of IPO traders. Caution has made my $$ grow slower but steady. M

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