SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : TD Waterhouse Group (TWE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (519)6/29/1999 8:51:00 AM
From: OldAIMGuy  Read Replies (1) of 1413
 
Hi JF,
<somewhat OT>
In '93 there was an IPO surge that took the number of issues on the NASDAQ from 4000 to 5000 in a 12 month period. The market went flat for 18 months afterwards as these stocks were absorbed and consolidated.

I have measured this very statistic since '82 and any time there's a net positive increase in the number of issues on the NYSE and NASDAQ of greater than 2% over a 13 week period it's bearish for the market.

For more than a year, there's been a small net reduction in the total number of issues available. The recent IPOs are not quite balancing the merger/acquisition activity. This has been long term bullish since 1982. Take a look at the graph named ZEAL (forth one down) at:
execpc.com
to see the spike in '93.

Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News