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Technology Stocks : LaBranche & Co.- "LAB"

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To: Balaton who wrote (4)8/19/1999 2:24:00 PM
From: PartyTime  Read Replies (1) of 29
 
I wish CNBC would stop describing this IPO as a good news/bad news proposition and simply let its prospects rest on its own merits. The so-called "bad news" is that LAB reduced its offering price. So why is this "bad news" in this kind of market? Seems to me that they're putting an unnecessary distinction on LAB.
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