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Technology Stocks : PALM - The rebirth of Palm Inc.
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To: Dnorman who wrote (233)3/2/2000 11:03:00 AM
From: SJS  Read Replies (1) of 6784
 
I guess that if you didn't get IPO stock, you can try to buy it in the open market with a Limit order. I would STRONGLY suggest that you ALWAYS use LIMIT orders and never Market orders for this. Too many tales of woe with market orders being executed late and far away from the real market prices when you entered it.

I personally don't chase IPO stocks on "IPO day", so I can't advise on strategies on where to put the limit order pricing, and how to keep from being whipsawed by the daytrader rush, both up and down.

I've advised friends who say they WANT this stock to fundamentally wait until it settles down, and then attempt to purchase it for MT, or LT growth. That purchase would probably not be done today.

Good luck.

Steve
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