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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Due Diligence who wrote (12299)7/21/1999 1:26:00 AM
From: vagabond  Read Replies (2) of 108040
 
Any thoughts here on MPPP (MP3.com) IPO today? Having requested shares back when it was supposed to be around $10, I've now been allocated 100 at $28 and wonder if I can still make a decent buck on the deal.

Anybody care to speculate as to likely aftermarket price -- and whether it'll spike and then drop like a rock, or "have legs" over the long haul? In other words, better to try "flipping" right away and incur the wrath of my broker (Schwab), or risk a 30-day hold?...

TIA for any input...

Vagabond
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