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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)
ET 18.08+2.5%Jan 22 3:59 PM EST
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To: ChopChop99 who wrote (6618)8/6/2000 12:06:13 AM
From: neverenough  Read Replies (1) of 10270
 
From MarketWatch,

Next week, the IPO market should be no different from this eventful week. Industry watchers forecast that IPO underwriters will attempt to price in the neighborhood of 50 deals.

However, the high number of IPOs being rushed out the door may have a negative impact on the overall health of the new-issues market in the near term.



"We are just amazed by the irresponsible acts to which the underwriters are subjecting investors," said David Menlow of IPO Financial. "The September resurgence that we usually see will be damaged by all of this overhead supply."
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