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Technology Stocks : Autoweb IPO 3/22/99 AWEB
AWEB 0.0004000.0%Oct 18 5:00 PM EST

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To: capitalistbeatnik who wrote (2)3/17/1999 2:26:00 PM
From: john douglas  Read Replies (1) of 696
 
Bodhisattva, Good luck, but there is no guarantee you'll get in on the IPO. There's only 5 million shares available.

I checked out their web site, expecting some kind of comparison shopping engine. So I plugged in my interest in buying a new Chrysler, and all I got was a list of AutoWeb dealers in my geographic area. Unfortunately the nearest was 50 miles away. Guess my local Chrysler dealer doesn't believe in paying for referrals.

I read the price talk was $10-$12. Still with this crazy ask-no-questions internet-ipo market it'll probably be priced at $14 and open at $21.

By the way, since you are still buying from a dealer, you don't avoid state tax.

Tuesday should be interesting!

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