SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FreeMarkets Inc-(FMKT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Antonelli who wrote (137)12/10/1999 11:33:00 PM
From: David G. Pung   of 414
 
Since FMKT was brought out by Goldman Sachs and Morgan Stanley the allocation was diluted already because two firms were involved. I know of people who have full service accounts with big money in Morgan Stanley. They usually get shares for most IPO's that Morgan Stanley bring out. These guys have made big money this year because of the IPO activity through Morgan Stanley. They were told in advance that FMKT shares were going to be thin.

The best way to get into the IPO's is to be with a full service broker that is doing the IPO. Morgan Stanley has done ALOT of IPO's this year. The online accounts will be treated as second class with them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News