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Technology Stocks : ACDO - ACCREDO HEALTH INC.
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To: DAY TRADER who wrote (9)4/16/1999 12:59:00 AM
From: Gary Metzer  Read Replies (1) of 19
 
DT,

Re: How many points did you make on Korn Ferry?

IPO'd at 14 and sold last week at 14 3/8. Went negative from day one of the IPO and just recently could sell at a profit. Still, that's 13 for 13. I knew KFY was going to be bad when the IPO desk called with my allocation and awarded me 700 of the 1000 shares asked for. Not much demand as everyone was after nets. No news from Schwab yet, I'll advise when received. Schwab IPOs are such a small portion of my portfolio that I try not to hang on to them too long after the 30 day rule as they provide a distraction from my other holdings. Hence am only still holding 5 of them now. Have order in to sell Rowecom at 49 as it's in my cash account but might hold Intraware longer as it's in my IRA account.

Happy Investing

Gary
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