IPOs: Too many, too fast, to little buyers? Message Board

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Technology Stocks : IPOs: Too many, too fast, to little buyers?

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To: Mad2 who wrote (43)	8/3/2000 12:36:52 PM
From: RockyBalboa	Read Replies (1) of 84

After we have seen the fireworks (from NUFO, NUAN to Avici, Corvis etc...) now it is time for the laggards. Most of todays IPOs are total turds and are trading underwater. IAWK (Iasia) a goldman IPO is dearly off, it broke 10 after being priced at 13....as I love dogs, I may phase in some..lol. Maybe some of them are real sleepers and could trade up. But what GS did at IAWK is a joke... IAWK, VERS, SCRM are off ISPH DGEN weak, SGSF untradeable. EDIT, I tested some waters and bought some IAWK at 9.76, we will see...GS a bit bidding here. Ironically, a news release touting one broken stock came out today.... it regarded EVOL (which was brought by GS I think) and fell soon after the IPO citing low revenues.

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