Buying IPOs on the open market Message Board

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Technology Stocks : Buying IPOs on the open market

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To: Jim B who wrote (5387)	3/7/2000 12:08:00 AM
From: ChopChop99	Read Replies (1) of 5529

Hey, at least you came around, Jim! Can you imagine being like some of these financial advisors who positively refuse to see what's in front of them? I find it amazing. With the volatility involved, I can halfway understand people being leery about inet investing if they can't watch their investments very regularly. But IMO there's no excuse for a financial advisor to continue advising someone to this day that they should not invest a dime in ANY internet stock. That advisor should be watching out for the volatility. With this particular friend, a couple of weeks ago I laid out a case as to why I thought EGRP was such a strong buy around 20. He finally asked the AntiInternet broker about it and was predictably told that investing in EGRP in the low 20s would be a mistake. Much to my surprise, my friend took a position over the objection of the broker. He's up about 5 points, 20-25%, as of right now. Chop

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