Buying IPOs on the open market Message Board

STOCKTALK

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 : Buying IPOs on the open market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bread 'n Butta who wrote (5310)	1/11/2000 12:39:00 AM
From: mact	Read Replies (1) of 5529

wr hembrect is an investment bank and have lead the offerings on ravenswood, salon.com and andover...since they are lead underwriter, they do have to settle for scraps...imo, the dutch ssystem simply does not work...either people underestimate what the street is willing to pay(ie-andn..priced at 24 and quickly hit 90 the first day of trading despite ducth system) hence is similar to what occurs right now anyway...or people pay a fair price and there are no profits to be had ...the one thing that the dutch system does do is to allow the individual willing to accept less profits by bidding high to have access to some ipo's...but in the process, they have to accept more risk too. mact

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next