Pacific Internet Next HOT IPO? Message Board

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Technology Stocks : Pacific Internet Next HOT IPO?

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To: M. Dion who wrote (165)	2/11/1999 10:15:00 PM
From: Herc	Read Replies (1) of 912

Lack of institutional players shouldn't be a problem because most internet stocks, excluding the big cap ones, went up just from individual investors. If you can believe all the talking heads on the business shows, the institutional investors would have loved to have participated in their run up but the floats were too small. We internet traders are usually portrayed by the talking heads as fanatical bimbos, but thanks to the internet WE now have access to just about all the info. the institutions do, at least the stuff that won't get us in TROUBLE with the S.E.C. All hail the demise of institutional brokers and their smugness! Short MER! P.S. My proxy for the Asian markets, TTF, has gone up a little the past two days while the Thai stock exchange dropped!

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