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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: DAY TRADER who wrote (12660)7/26/1999 8:29:00 AM
From: Kimberly Lee  Read Replies (5) of 108040
 
Good morning, DT. I think the market has gone as far as it could for a while. All the earnings are out, not much hype left. Internet IPOs market has become more saturated than ever. Of course strong IPOs like DSCM will do very well, but the less prominent ones will be struggling. This IPO market is rapidly becoming a winner takes all market in which a few winners, such as DSCM, will soar whereas most of the rest will struggle just to stay above the offering price.
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