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Technology Stocks : iVillage-the next AOL?

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To: Dennis who wrote (22)3/13/1999 1:24:00 PM
From: Elmer  Read Replies (1) of 119
 
Hi Dennis,

Keep in mind that you don't want to over pay in the aftermarket. Generally, if you pay more than 2 to 3 times the underwriter's price (I'm placing a limit order at 3.1x that price for IVIL), in the short term, you won't make money. On IVIL, if it goes off like TheGlobe.com or MarketWatch, leave it alone. Limit orders are the key.

Yes, Marimba is on my list. So is eToys and Rhythms Net and Extreme Net, to name a few. Also, I usually sell if I get 60% or more. These are generally not good long term investments and in most cases will be way over priced. Also, I only put in money I can afford to lose under the theory that I will some day.
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