Teligent Message Board - Msg: 2775592

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Technology Stocks : Teligent

TGNT 0.0380

-2.6%

Nov 7 9:30 AM EST

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To: TheSlowLane who wrote (22)	11/20/1997 10:17:00 AM
From: Alejandro	Read Replies (1) of 270

I think the same thing is going to happen with this IPO as happens elsewhere. The original purchasers-clients of big bucks-will get in, make 20 30 % and then sell. Earnings are soo-oo far out that even the potential of Teligent will not hold the overvalued initial pop. Don't forget, Mandel has been across the country selling this IPO. All they want now is the most money they can raise NOW. Then, as I said, they'll all sell out to all the people chomping at the bit now who want to get in but can't. I'm waiting. There is plenty time on this one. I'm watching ARTT and MMG to join my flagship WCII. Man, flagship has a certain ring to it!! :-) ac

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