SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trio who wrote (23575)10/4/1999 4:11:00 PM
From: Sly_  Read Replies (2) of 27722
 
Neil, Spearfish asked me to post this for you:

Neil,

I totally agree with you about DBCC. MALL did the same as well, and to a lesser extent so did ZD. More recent parent stocks have not. Institutions may very well want to play the backdoor, but they already know about it. The purpose of the roadshow is to generate interest and commitment to the new issue, not the parent. The underwriter and NETR people are selling their little hearts out, NAVR personnel are there to smile and nod in the right places. If the roadshow generated $10,000 in NAVR sales, that would be 10K not being spent on NETR and that would be counter productive to the purpose of the roadshow. The underwriters could not care less about NAVR's price. If the roadshow did generate a lot of interest in NAVR, then the underwriters aren't doing their jobs.

Recently, the IPO play has happened about two weeks after the IPO. Anticipation of a ton of PR once the quiet period ends 25 days after the IPO is causing both parent and child to rise then. Check out a three month chart for IDTC and NTOP. Both set highs 20-25 days after NTOP started trading.

<>< fish

###
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext