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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Paul McWhinnie who wrote (24988)11/9/1999 11:41:00 AM
From: vagabond  Read Replies (1) of 108040
 
Picked up CHTR at 20, KQIP at 28 (both IPO's just opened). Not sure if I'm a fool, or a genius. CHTR was SUPPOSED to be a "red hot" IPO -- but sure hasn't opened like one (almost went down to offer-price of 19 at one point, now barely above 20). Don't know if people just let it slide for some reason, or were scared off by size of offering (a LOT -- 170 Million), or what. KQIP seems like a potentially hot European Internet play -- but right now, I don't know whether to be happy I got into both IPO's at these levels or worried because I COULD...

Vagabond (by the way, below is a quick summary of KQIP for those who haven't looked into it -- comes from another SI thread (think it's an excerpt from an early PR)...
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KQIP is a joint venture of Qwest Communications International Inc. and Koninklijke KPN N.V.

KPNQwest is a leading facilities-based, pan-European provider of data-centric Internet protocol-based services to business customers. It is deploying a technologically advanced fiber-optic network that is anticipated to connect 39 cities throughout Europe, enabling the company to provide a broad range of high-speed, high-quality advanced communications services.
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