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Technology Stocks : Alloy Online, Inc. (ALOY)
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To: Maximum_Gain who wrote (62)5/20/1999 4:29:00 PM
From: TIG  Read Replies (1) of 147
 
I bought 1000 at 22 1/8, then bought 500 at 16 1/8. Just sold 500 at 14 3/4. Ouch, it hurts... (Man, if Etrade had given me some IPO shareS, I would have not bought this sucker).

Unless the momentum comes back, which I don't think in any time soon, be prepared for some agony:-)
Here are some reasons:

1. Bad IPO timing.
2. Too many IPOs crowding the pipeline.
3. Slectivity toward Goldman or MSDW backed offers.
4. No brandname, no news,no alliance or partership, no coverage(yet).

Man, I do know what I was thinking when I bought this dog. Luckily I made enough from cute DCLK and INKT to cover this POS. Even though I believe this dog might jump eventually, but until then, this is dead money.

Any insight about this stock would be appreciated. I hope some company will acquire this dog or throw a bone. LOL.
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