SCHWAB IPO ALERT THREAD Message Board

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Technology Stocks : SCHWAB IPO ALERT THREAD

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To: OverUnder who wrote (2246)	8/11/2000 11:57:58 AM
From: OverUnder	Read Replies (2) of 2276

The institutions who got shares are out there flipping by the millions. EQIX has been trading for just minutes and already 12 million shares have traded. I guess if you get allocated 100,000 shares, why not flip it for a 3/4 point gain while the retail investors are stuck holding it for 30 days. This thing could take off from here. After all, their main competitor, Exodus Communications has a market cap of $22 billion and at $13 a share, EQIX's cap is "only" around $1 billion. Might be time to take advantage of the short-term flippers by picking up some more of EQIX. - OU

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