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: Mr. Fortune who wrote (2248)	10/5/1999 12:26:00 PM
From: Panita	Read Replies (2) of 5529

INIT - after patiently waiting for a great entry INIT has reached my entry price at $11. It been coming down on no volume. Segment expected to grow 100% per year for the next five year. It has a buy rating when it traded at $17 and MER's got a $20 target. Recent IPO with small float. Easy jump to $15 on any news or increase in volume. My target $15. ISLD book shows that there not much selling and could ran to mid teens: isld.com

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