SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Value America (VUSA) - Another eBay?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 4 - Bob who wrote (234)4/7/1999 8:49:00 PM
From: mact  Read Replies (3) of 734
 
bob,

personally, i think they all start low on price on purpose so they can raise the price 1-2 times before actual pricing....this implies that this stock is supposedly "hot".....a marketing ploy really......but then again, all internet related ipo's by definition have been "hot"....as far as leaving money on the table....i think they would rather lose abit of money rather then have a stock that doesnt "pop", hence limiting its momentum.....if you think about it, if i owned 25 million shares, i want a 300% increase after open rather than earn an extra 5-6 million for the company....this could mean an extra $100 million for the top brass personally.

mact
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext