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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: BANCHEE who wrote (748)6/11/1999 7:35:00 AM
From: Ken Whiteside  Read Replies (1) of 954
 
Banchee, there is a pattern for sure. Only the market conditions seem to nullify it sometimes. FCST did very little because the period ended when the market was dumping.

FWIW, I've flipped all my IPO's to get in on BNBN before the quite period ends next friday. I expect it to go back to mid 20's by the 23'rd. Even if the market is terrible, I'm sure when they come out with their music store, it will see mid 30's. They will have quite a few analysts giving them buy ratings with great targets. Best potential I've seen in a while. Only a chance like this would convince me to go to IPO Jail with Wit. If they come out with good earnings and keep up the PR, we will see 30's within 3 months.

Ken . . .
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