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: Marshall001 who wrote (3799)	10/22/1999 4:14:00 PM
From: BarbaraT	Read Replies (3) of 5529

Marshall ... am hoping for a run on Monday of these other ipo's. I know how you feel ... I bought MCKC at 21 5/8 this morning and NAVI at 37 3/8. But I think these are both good long termers -- beyond a few days into a week or so. If MCKC should (heaven forbid) fall below 19, will average down and same with NAVI if it falls below 30. Otherwise, I will sit back and wait. Of course, it does tie up capital I need -- but everytime I sell these I regret it. What I regret most is all the hype I believed on these threads about CLIC - I am still holding that at 56 1/2 having read so many "this is going to 100" "I am keeping this one" "Not selling this one", etc. And then I leave the house for about an hour or so, and come back to discover everyone has sold. And here I am still holding the bag. Our day will come ... As for BSQR - at least I did that one right, although wasn't here to sell it early today. Bought it at 29 yesterday and sold it at 33 today. Not the top, but I'll take 4 points anyday.

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