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.
Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JeanD who wrote (2363)4/25/1999 4:48:00 PM
From: Kimberly Lee  Read Replies (1) of 108040
 
Jean, the first day aftermarket performance of this week's IPOs have disappointed many observers I know. As well, many recent net IPOs aren't trading much above the offering price: BTAB's ABTL and ONEM aren't trading on much a premium over the offering price. IFSX, the parent company of ABWatley, did fairly well, but that was because of the strength of the sub-sector led by NITE, AMTD's blow out earnings and had little to do with IFSX itself.

With the market being so saturated with all the wannabe IPOs, the leadership will become very narrow. We can expect GSCO's TSCM and BNBN to trade at very high premiums, bathing in the limelight and setting the center stage in the coming week, and Robbie's MPTH should do fine, but the rest are really here to tag along.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext