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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (87135)3/28/2001 11:34:42 PM
From: GraceZ  Read Replies (1) of 436258
 
I'm old enough to remember when investing in an IPO was widely considered a speculation fraught with risk. In fact, in the old days, most expected the share price to decline from the IPO price soon after going public, ones that continued to rise were rare.

Although, I do think pushing out an IPO that warned on the same day brings the investment banking community to a new all time low.
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