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Non-Tech : The Official Guide To GOOFS

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To: Maurice Winn who wrote (216)7/6/1996 2:24:00 PM
From: Paul Weiss   of 3539
 
NG Winner, Do you suppose we could start an IPO boycott? I had a vision of a market where investors 'just say no' to spending their money on all the frivolous equities being brought public. All that wonderful cash would instead push up the prices of stocks we already own ever-higher. In my mind I picture a pyramid and I'm not on the bottom. Oh, and a mantra, "Just Say No To IPOs". Say that five times daily (loudly, in public), and see if the world is a better place. I have a slightly different take on the balance between buyers-sellers. I think that a balance is CREATED by price fluctuations, rather than always being there. Add greed and fear, supply and demand to this stew and we come up with a way to play chess for money. Regards, TBG Paul
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