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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST
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To: Wizard who wrote (2538)6/17/1999 12:28:00 AM
From: Toby Zidle  Read Replies (1) of 3818
 
My first impression of the list you cite, Wiz, was to marvel at how appropriate these names are to be Ben & Jerry's flavors of the week.

Also, I'm struck by how similar the whole tech IPO scene is to an NFL draft or NHL expansion draft. The best names were IPO'd long ago. We're now into the late rounds where the sleepers will be few and far between (except for Alta Vista).

Even a well-known company with a decent profile, MarketWatch (MKTW), closed Tuesday at $48 1/4, within dollars of its all-time trading low. Since the IPO was at $17, but the market opened trading at $90, it's clear who the winners are and that EVERYONE else (except the agile short-term trader) is a loser.

Now, Wiz, which of your list of IPOs is likely to have better financial or stock-price prospects than MarketWatch (with CBS sponsorship)?
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