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Technology Stocks : IPOs: Too many, too fast, to little buyers?

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To: heronwater who wrote (6)6/27/1999 8:37:00 PM
From: RockyBalboa  Read Replies (1) of 84
 
Ok, my conduct on the NAVR. For me it is a double hatred, if I speak openly. Why?

They screwed up an opportunity which we, normal people get served perhaps never in our lives... they had all the cards, in the light of the March & April 99 Markets where internet & music was red-hot.

And they ruthlessly sold into any spike, per the 144s and form 4 filings. Worse than DBCC, because DBCC even brough MKTW "timely" - for us in January, while NAVR did nada.

The major problem on the NAVR thread was the series of unsubstantiated claims by the NAVR hypesters. IPO here, IPO there, round the corner, see you at $40, $50, $60. Alas, we trade sub -$10.

heronwater, we had such countless number of stocks which apprechiated nicely this season, internet or not. NAVR was not amongst them and we know why.

My take is, like ILIF, SRCH will come around, I only don't know where. Maybe $6, or $5, but most of them did the hitch and came out.
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