Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.94

-5.1%

Nov 13 3:59 PM EST

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To: Tenchusatsu who wrote (83091)	6/8/1999 11:21:00 PM
From: Pigboy	Read Replies (1) of 186894

Ten, I recently wanted to try to do this for the first time on a stock I thought would take off (BRCD). After calling MSDW (the lead underwriter) I found out I could do something, but it wasn't exactly without its risk. I got some IPO shares on BRCD only AFTER I agreed to purchase a certain amount of stock AFTER the stock opened up on the market. I ended up getting some at the IPO price ($19). The stock opened at ~$35 and I bought more thru MSDW (with an incredible commission) at $40 (a lot more than I got at the IPO price). I nervously watched it all day (Ive seen these things, afterall ;-) and then sold out the shares I got at $40 for $45. I mise well just take the guaranteed gain, I thought. I still have the measley shares I got at the IPO. I didn't make much money and I certainly should have held for just two more days and I would have made a LOT more. But I am up, so I don't feel too bad about it. ;-) I think Rat Hat is going thru Goldman Sachs. I think it would be hard to get shares of the IPO there unless you are some big wig. Dont clients at GS have to have 5 Mill under management to open an account? And as Paul mentioned, I believe an online company (E*Trade?) is going to issue shares as part of the deal. I have no idea how they do that. It's very frustrating knowing that some company is going to EXPLODE on its IPO and you have to watch it and choose whether to wait for it or go in at some insane price. such is Wall Street cheers pigboy

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