LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: John J H Kim who wrote (11122)	3/23/1999 9:43:00 PM
From: Dave Shares	Read Replies (1) of 43080

No watch list tonight. Out of SRNA earlier today, I do not know where the support is. Not every IPO flies, some go below the offering price and take some time to get back there. Hope it works out for you John and Steve. I have Level II and it could not be determined by me what the selling was, but lack of buyers for sure. Also, can you be sure that H&Q didn't get those 900k shares the first week of the IPO and have since put them into the market ? Doesn't matter now probably. Also, if CPQ warns (I'm not saying they will), the selling won't be over. I'm ready to move on to the next trade, and leave this one behind. David

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