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Technology Stocks : Cerprobe (CRPB)

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To: Zainul Hamza who wrote (112)1/24/1998 11:04:00 AM
From: raefon  Read Replies (1) of 201
 
IMHO underwriters moved the stock to $27 after the offerring and sold 'em. I was more interested in earnings projections, potential business combinations, and market developments. The "professionals" you speak of are the same ones whose research predicated the $22 price at which the secondary offerring came at. I believe the stock just traded $15....be careful with your money, this is a big boys game. Underwriters are typically touts who will push their own goods to recieve large banking fees. Have a great day.. P.S. what is your "EARNINGS ESTIMATE" for the quarter?
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