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Technology Stocks : @HOME IPO
ATHM 24.86-0.4%Nov 5 3:59 PM EST

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To: Jon Tara who wrote (179)6/21/1997 9:25:00 AM
From: Paul Weiss   of 383
 
Jon-- Time to ask the BIG QUESTION: Will ATHM fly as an IPO, as an investment vehicle? All these technical details miss the point; this ain't a science fair, its a market of stocks. Does the technology work? Yes. Then the real issue becomes market sentiment. Yup, are we dealing with greed or fear? The volume of information being pumped out tells me there's a great deal of interest in this IPO, I gotta think its gonna be big. Secondly, the story is very compelling, easy to explain in magazines, verbally (broker to guy with some bucks). An awful lot of folks are going to catch wind of the @Home story, folks that don't care about the engineering data. And they're gonna get excited. My prediction is greed shall prevail. And if I can get in at a price I'm comfortable with, I'll join 'em.
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