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 (50)	12/28/2000 8:22:17 AM
From: RockyBalboa	Read Replies (2) of 84

Unnoticed from the public almost all of the recent IPOs did well in the aftermarket (they had no first day splash so noone found), but their performance since opening in December is good: CESI at 17, up from 13 (a spin off from catalytica which has been acquired) RECN at 19, up from the $12 IPO price and 13 opening. A business consultant, perhaps made to test waters for the big KCIN offering in 2001. GNVC a JPM Ipo but it is flat... maybe a sleeper. $9.5, cheap. Could rise with the rise of the "Genes". GEMP (Gemplus, an ADR offering situated in the tax haven of Luxembourg) at 17, up from 11. Wireless, wireless. HBIO is to forget so far. GRMN is interesting, it got quite a blurp but stays there, currently $18. TELN Telenor (the former Norvegian state monopoly bell) a rock solid company but, do we need more Telekom stocks? WP Stewart, an asset manager. Maintained but dependent on market developlents. Bermuda based.

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