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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: Pluvia who wrote (198)3/26/1999 4:47:00 PM
From: Peter Blanchard  Read Replies (1) of 696
 
I did take my own advice and bought into the IPO at the IPO price ($14, in case you don't know how to look that up). I took a 5000 share position as i have in EPAY ($13 a share), VERT ($16 a share), WEBT ($13 a share), and others. I have not even come close to losing money on this either and see this stock taking the same path as EPAY and VERT ... cooling off period followed by the end of quiet period when analyst coverage will be initiated and the stock will move up strong. I usually never short stocks but I have. I don't because of the limited profits and unlimited loss. By going long you have unlimited profits and a limited loss. Just some information for ya because I don't think you figured that out yet. I will make the exception and short your brain cause obviously it's getting smaller everday. You got 19 years experience? Must be 1 years experience 19 times. HAHAHA man you make me laugh!
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