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: Susan Saline who wrote (5421)	3/22/2000 3:33:00 PM
From: Susan Saline	Read Replies (2) of 5529

FAIM Fairmarket am calling a bottom here today on this week old IPO entered at 27 7/8 ... the volume is extreme ... for this over and above the norm I think fundies are accumulating before the end of quiet period ... when analysts come out with coverage Financial Summary FairMarket, Inc. provides outsourced, networked online auction services for companies that desire to develop or enhance their Internet marketplaces. The Company develops, hosts and maintains private-label online auction sites. For the fiscal year ended 12/31/99, revenue totaled $2.1 million, up from $4 thousand. Net loss totaled $16.5 million, up from $1.4 million. Results reflect an increased number of hosted auction sites, offset by higher advertising and equity costs. 52-week Range 28 - 53 1/2 todays low 26

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