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Strategies & Market Trends : MOVING NOW!
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: nokomis who started this subject2/21/2001 2:37:04 PM
From: sharesighted   of 8046
 
RSTN;MorganStanley IPO;buy signal;technicals turning up after pullback»
The group of underwriters have no other
IPOs to be distracted with,that's why they can support it!
Morgan Stanley underwriter one of the top two,
brought RSNT to the worst market and it held up.
Why would they do that? Because THEY believe in it.
Morgan Stanley Dean Witter with co-managers JP Morgan,
Lehman Brothers and Salomon Smith Barney underwrote RSTN.
This IPO will move up from here.
It is compared to EXTR and that stock is in the upper $20s.
Low float at 10M shares. Extra shares locked up for 180 days.
Revenue projected to be $85M+ for 2001.
And no other IPOs to speak of.

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