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: BarbaraT who wrote (3802)	10/22/1999 6:58:00 PM
From: Frederick Langford	Read Replies (2) of 5529

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 Barbara, That's simply not true. I posted I was buying all the way down and I did. I had a huge position, a lot bot in the 40's. Having listened to the CEO's interview on CNBC, I was totally aware that R & D was a priority, to be competitive. I was amazed when every one dumped on the open that AM. I knew it would come back, and I posted that as well. It retraced the down move and came right back up. Seeing the weak hands, I took that opportunity to sell 1/2, and posted that information. I still have the remaining half, some purchased as high as 59 1/2. I am holding and will continue to hold until my colleagues tell me they are taking profits. I will post when that occurs. Fred

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