FBR IPO ALERT THREAD (NYSE: FBG) Message Board

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Technology Stocks : FBR IPO ALERT THREAD (NYSE: FBG)

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To: Tim O. who wrote (429)	11/3/1999 1:54:00 PM
From: Roger L. Chuchen	of 1044

I also want to comment that RedHerring gets 'em wrong too many times for it to be a reliable measure of the aftermarket response of Wall Street. Take IZAP (by Merrill Lynch) as a case in point. RedHerring has it rated as "Hot," which opened below IPO and proceeded to plummet to a recent low of 5+. Only with the resurgence of the POS IPOs did this issue climb to a recent price of 10, which is still a full dollar below water. From my experience, only the ones rated "Red Hot" are the sure things. But then again, those issues that have those ratings are pretty well-publicized already (e.g. AKAM) ...

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