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Technology Stocks : PARADYNE (PDYN)
PDYN 4.285-0.3%Dec 30 3:59 PM EST

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To: D. K. G. who wrote (171)10/23/1999 5:23:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 242
 
Mystery wrapped in a riddle...

I've been researching "fallen" IPOs and stumbled on PDYN.

I gone through this thread, through the news, through filings, and I just don't get it. How can a company end its first day at 60 and deteriorate after that, especially when crap like Sycamore gets a 21 billion dollar market cap its first day? BankBostonRobertson has been screwing up bigtime (cf. CBLT and many others), they have no more credibility as far as I am concerned.

Can somebody in summarize the bear case against PDYN? From all I can tell, this is a great buy. Just want to make sure I am not missing a time bomb. I started a small position, I am waiting for LU earnings before buying more.

DocStone
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