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Technology Stocks : Audible Inc-(Nadaq-ADBL)
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To: Mohan Marette who wrote (19)7/13/1999 3:10:00 PM
From: Wayners  Read Replies (1) of 165
 
You missed my point. On the contrary, those guys are very smart. They aren't about to buy their shares tomorrow for $10+ apiece. The public who will be buying TOMORROW are the stupid ones.

When I said Invesment Bankers I was referring to the Underwriters of the ADBL IPO, and NOT the instututional holders and venture capitalist owners of ADBL stock currently.
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