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Technology Stocks : Mbrane (NASDAQ: MBRN) - An enterprise solution?

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To: Shivram Hala who wrote (671)12/30/1999 9:33:00 AM
From: Veiko Herne  Read Replies (2) of 1238
 
Shivram

Maybe I sound stupid, but what are the point to pick stocks already at $200 level?
As I have understood, the typical business model for US company is following:
1. Founders will buy the stock with 1 cent/share
2. VC will buy stock for $1 / share
3. IPO will be made at $10-$20 level
4. If Wall Street likes the stock, it goes to $200.
Am I missing something?

Veiko
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