SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Allaire
ALLR 1.170-1.7%Nov 14 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Fortnam who wrote (92)2/8/1999 9:46:00 AM
From: Gary Metzer  Read Replies (2) of 612
 
Bruce et al,

I believe that ONXS, CATT and KFY will trade ABOVE their IPO prices primarily because the underwriter can be accused of fraud if it doesn't. Also, if this happened too many times then not many people would come around for their next offering. While it is true that if a company's stock price rises rapidly after IPO that maybe the company "lost" money due to wrongful pricing, however, if only a small portion of that company's stock is offered, the "loss" is minimal...especially when compared to the market value in the remainder of their stock.

My strategy is to participate in as many IPO's as I can through Schwab.

Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News