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Technology Stocks : Andover.Net (ANDN)
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To: Mohan Marette who wrote (11)11/30/1999 5:13:00 PM
From: Gopher Broke  Read Replies (3) of 160
 
Never tried a dutch auction before, but I like the rules. Since I am a relatively small player I can bid high ($30)and get a guaranteed allocation at the going rate, without worrying too much about my bid inflating the average.

Of course, if everyone takes this approach then we will all get sold some expensive shares.

So, who else out there is bidding high and relying on the rest of the bidders being conservative?
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