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Technology Stocks : Overlooked IPOs

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To: Gordon Gekko who wrote (23)3/14/2000 9:25:00 AM
From: Rupert   of 41
 
GG> I agree about casting a wider net. IPRT opened just a few dollars above its offering price and quickly fell to just above 50 cents of it. I didn't get it because I didn't feel it would generate enough news, and because of the likely competitive situation...but it did provide a double in the aftermarket for people who bought it cos it went up to $28 the next day. When something opens so close to its offering price, perhaps it's best to relax the quality contraints a bit, especially if you are looking for a short term play.

I've been looking at these international IPOs that are on tap this week. There's not a lot of information about them so you have to be prepared to dig around a bit (although that was true of Crayfish and that was still red hot). I'm particularly interested in Tele1 Europe this week. It hasn't been mentioned much in the IPO previews, and hopefully may get lost in the heavy IPO calendar this week.

PS. I like the weekly IPO hardball Internet radio show that previews and analyzes the week's IPOs:

radiowallstreet.com

For example, in this week's show they won't even discuss Tele1 because as a foreign IPO it doesn't file with the SEC. I've posted some info on Tele1 on the message board for it here at SI.
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