CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Ted David who wrote (3046)	6/23/1999 4:16:00 PM
From: Gorak Shep	Read Replies (3) of 17683

Tom Costello keeps talking about some guy who has lost $500K on streamline.com and the guy blames it on the underwriter mispricing the IPO. He wants NationsBank Montgomery to pull the offering saving his butt and redoing the offering. Did NB Montgomery force him to buy the IPO? Or is he of that school that believes that any winning trade is yours to keep and any losing trade should be busted so you cannot lose? What a cretin! Why doesn't Tom point out what foolishness this is? No wonder the guy doesn't want his name used. He'd be laughed out of the business.

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