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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: TripleT who wrote (892)10/10/1999 7:50:00 PM
From: Ken Whiteside  Read Replies (2) of 954
 
From the buying IPO's in open market thread

Here's my best guess on NAVR. I used to follow in long way back there when they announced the IPO. Was 15-18 from that run, but mgmt bocthed up about every way the could. The thread was about the busiest thread I've ever seen. Very faithfull. I had to unbookmark it because it was too much unnecessary reading like "Good morning all, How ya doing" bla bla bla. Any way, I'm hoping to see it hit 15 again. The IPO isn't till Friday and with their mgmt it could get postponed. I would think it would fall back to 10 shortly thereafter. I'ld give it till Wed to move around unless you like it and want to play it up. Perhaps it'll drop to 11 then move up. The only way I'ld get in at 11 would be if the market was taking a dump at that time and it was just following. Then it would probably move back up when the market rebounds. Post IPO, get out of the way, it's going back down. Just my opinion from playing lots of other backdoors. Do you own research and live with your own decisions.
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