Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 249.14

+0.3%

Nov 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (104169)	5/26/2000 7:25:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Of course, of course, of course. If that IPO markup went to the new business, then it would be legitimate. But it just went to the brokers and their favored friends. I am very glad that the idiots (there's that "i" word again) who drove up the IPO's rocket climb are eating their 10x, or should make that minus 10x. Sarmad, The float was kept low during these IPOs. They were lower then any time in history. This not only was a benefit to the brokers but the insiders such as the VCs as well. There was a person on this thread that seemed to be able to obtain IPO shares at well through apparent connections. Is that person a thief too?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next