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Technology Stocks : CyberSource Corporation - (Nasdaq-CYBS)
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To: chris w burford iii who wrote (8)7/6/1999 8:02:00 PM
From: Candle stick  Read Replies (2) of 90
 
CYBS will begin running up at the end og the week as the quiet period is over next week. For those of you who don't know, the quiet period lasts 25 calendar days from the IPO date, an during this time the underwriters can NOT cover the stock or say anything about the company. Like clockwork, on day 26 they always come out with coverage and either "buy" or "strong buy" reccomendations, and the huge retail machine goes to work getting thier clients to buy. In this case that would be Merrill Lynch and Paine Webber. Expect new highs and a run to the 30's by next week. Just take a look at the last few IPO's that finished the quiet period.....moonshots, for example, look at BWEB, JWEB, FFIV, and so on.....in addition to being a terrific company, Paul Allen also holds a 14% stake.....follow the money..;^)
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