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Non-Tech : CSFB Direct(DIR)

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To: john krom who wrote (50)5/26/1999 9:49:00 AM
From: PDL   of 406
 
You are allowed to flip an IPO -- just don't be surprised when your future "indication of interest" on a hot IPO is ignored. Underwriters want (and have an obligation to place stock with) investors who will support a new issue. I assume there is not set formula, but I suspect that "strong hands" investors are rewarded over time.

JMHO.
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