FBR IPO ALERT THREAD (NYSE: FBG) Message Board

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Technology Stocks : FBR IPO ALERT THREAD (NYSE: FBG)

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To: swisstrader who wrote (174)	6/21/1999 3:54:00 PM
From: ChopChop99	Read Replies (1) of 1044

NO WONDER none of us here got any DVDS! Friedman Billings Ramsey Based in northern Virginia, FBR rode the Washington, D.C.-area technology boom to prominence in the late 1990s. Since May, it has offered two IPOs online: CareerBuilder (Nasdaq:CBDR - news) and CAIS Internet (Nasdaq:CAIS - news) . On June 21, it plans to price Digital Video Express (which will trade on the Nasdaq under the symbol DVDS). FBR allocates IPO shares via lotteries, which tend to be way oversubscribed; 1,792 clients expressed interest in DVDS, for example, but only 253 were chosen. The minimum to open an account is $5,000, and commissions are $24.95 per trade.

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