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Technology Stocks : Internet Guru Discussion

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To: Jeff Dryer who wrote ()	11/21/1999 5:58:00 AM
From: zero69	of 4337

To Brian K regarding Steves buy tip on Cflo: Dear Brian; I think nobody knows how an IPo opens and what kind of run it will have the first day(s) or months; Cflos initial po was 12.- they went public @ 24(+100% to the initial Ipo price) and soared another 500% from their doubled IPO price; at this price I wouldn't go in although there might be still room to go as all caching solutions are on fire right now.If Cflo would have closed around $ 50.- the first day the story would be all different as some would see a chance for another 100%; So how shall Steve know the price it opens? All he can do is compare their company value(however you do this is your problem) to the market caps within the same industry and hope that the market also sees some more value. I also was of the opinion that Steve's comments sometimes change to quick regarding buy or sell(although he doesn't give those tips) but that simply changes in respect to rapid price changes/market cap. See NetP See Bweb Regarding Caching: Don't you think that as sites get more personalized(who requests the same portfolioprices you do-probably nobody)that caching will become less important?? zero69

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