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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT)
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To: Mohan Marette who wrote (209)2/6/1999 10:29:00 AM
From: R Michael Frank  Read Replies (1) of 821
 
When an IPO goes to a substantial premium underwriters often release their customers from the 30-60 day selling restrictions. eg. With PER at 80 my broker suggested that I sell part of my position. MSDW apparently relaxed the restriction because the specialist was short IMHO.
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