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Technology Stocks : @HOME IPO
ATHM 24.86-0.4%Nov 5 3:59 PM EST
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To: Paul Weiss who wrote (181)6/21/1997 1:00:00 PM
From: qdog   of 383
 
Seeing how IPO means "Instant Profit Oppurtunity" most of the time, why shouldn't they do well for a while. Two problems however, How many Internet stocks have really rewarded? NSCP, if you were one of the lucky to actually buy at the initial price of $20 something pre-split, but that really is about the best.

Second, what is the track record of Internet stocks in a recession? There is no track record as far as I know. All cheerleading aside, when the pocketbook is tighten by the home, what will be the first to go as an unnecessary expense?

I have serious reservation about this company in the business application. It is pretty much what the name implies; @Home. Most corporation will maintain their private LAN's and WAN's for security reasons.
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