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Technology Stocks : WCOM
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To: Gujju Bhai who wrote (2389)4/19/1998 7:12:00 PM
From: halfscot  Read Replies (1) of 11568
 
Be careful investing in IPOs just after release of the stock to the general public. Notice that shareholders sold 750,000 shares not long after it IPO'd meaning they took their HUGE profits and ran knowing the stock was WAY overvalued and it could easily pull back BIG. Remember Netscape? You've got to have a cast iron stomach or money you can throw away to ride these babies out.

Good Luck,

halfscot
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