Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (90114)	3/24/2000 5:13:00 PM
From: vagabond	Read Replies (1) of 120523

A couple of major reasons VG didn't move much today... 1) 45 million shares were being-offered -- that's a LOT for an IPO, and barely half that many were actually traded today (in contrast to many other IPO's where the available shares turn-over completely once or more during the first day of trading). 2) The mere fact that it's on the NYSE rather than the NAZ made a big first-day "pop" improbable. The company itself sounds pretty solid from what little info I've seen -- but it'll probably take take longer for the price to rise than for many NAZ-listed issues... Vagabond

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