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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.14+0.5%10:17 AM EST

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To: KeepItSimple who wrote (92377)1/27/2000 9:18:00 PM
From: H James Morris  Read Replies (3) of 164684
 
>
Two IPOs provided a startling contrast between the new
guard and the old: John Hancock Financial Services
(read: "Old Guard") was priced at 17 and squeaked up
by 5/8 - yes, to 17 5/8 - at day's end. Extensity, on
the other hand, is an Internet-based software company
making applications that will help businesses track
expense account spending (be warned). It opened at 20
and soared over 50 points (to 71 1/4) by the closing
bell.
Does this confirm that any idiot could become a $trillionaire if they could get the pre ipo shares from the underwriter.
In this case, the managing underwriters of the offering are Deutsche Banc Alex. Brown, Bear, Stearns & Co. Inc, and Chase H&Q.
I only count 3 sluts what happened to the others?
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