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Technology Stocks : Point West Capital (PWCC)
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To: MrThesp who wrote (176)3/15/1999 9:38:00 PM
From: Parnell  Read Replies (3) of 345
 
Thanks MR. Thesp, couple of thoughts
FLAS may not open right away, it usually takes a couple hours to open these volatile IPOs, and this may be the run up period for PWCC. The reason I say this is recently a few other companies in this same situation (NAVR is one)sold off as soon as the IPO opened. I know it shouldn't matter because they own a share of the new company, but that is the way it played out. There was one other stock that did the same thing, but I can't remember it. So I will be watching PWCC closely when FLAS opens.
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