Buying IPOs on the open market Message Board

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Technology Stocks : Buying IPOs on the open market

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To: Zeddie88 who wrote (1609)	9/24/1999 4:13:00 PM
From: Frederick Langford	Read Replies (1) of 5529

NZRO, GSCO was on the bid at the close @29 1/8. The run up at the close, considering few want to take home stocks over the weekend was pretty impressive. They are treating this quite differently than ASFD. 29 3/8 x 7/16 now in aftermarket <EDIT> ask 1/2 Down a little on my XLK short, but gotta tell ya, It feels good knowing it's tucked away. I have a buy/stop because I'm overall more bullish than most, but it certainly feels good knowing it's there. Internet index looked ok, but I think the comment by Microsoft insider about the techs being overvalued, will keep the techs bearish thru Oct 5 Fed meeting. Fred

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