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Technology Stocks : Quintus (QNTS)
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To: sea_biscuit who wrote (10)11/5/1999 7:38:00 PM
From: J. P.  Read Replies (2) of 139
 
Dipy, I've had a change of heart

With a 30 million share float, issuing more shares will give this a market cap of 300-400 million just to start. Even in the most rosy optimistic scenario, this is a 5 bagger for the life of the stock, if we compare it to the 2.1 billion dollar cap of Nortel.

I've decided to take a pass. It's a decent product, but the greed of the original investors, in closely holding 30 million shares from the get go is stopping me. There is a chance for a decent gain over time, but this isn't the potential home run I'd want from an IPO purchase.
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