Modem Media . Poppe Tyson (Nasdaq: MMPT) Message Board

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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT)

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To: speedbird who wrote (297)	2/9/1999 11:25:00 AM
From: Toby Zidle	Read Replies (2) of 821

Good reference, speedbird. But that was some 60 messages and two days back. Who remembers? I didn't plagiarize, honest! Actually, the $12 figure back there was S&P's estimate of the initial pricing, wasn't it? And they missed by $4. My $12 figure is a guess at the future price of MMPT that will be the bottom of this downtrend. There is almost no example of an Internet IPO in the past six months that has fallen back to its initial IPO offering price. Many start trading at 3x or more of their IPO price (including MMPT) and then pullback over a couple of weeks by 30-50 percent. That's still a lot of room above the IPO. Then, if Internet stocks are trending up at the time, they shoot up to new record highs. At this point, anyone could argue anything about MMPT's future. There's insufficient trading history. All projections are speculative.

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