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: amadeus who wrote (4064)	10/29/1999 6:49:00 AM
From: Kimberly Lee	Read Replies (3) of 5529

Hi,LA. I will pass on both. Goldman is getting awfully audacious in pricing these deals. ARCC - 15.8M at $18 will award the company a 1B market cap, pretty outrageous considering ARCC's meager revenues, unproven business model and mediocre management.

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