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Technology Stocks : WHICH ARE THE HOT IPOs?
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To: Frederick Langford who wrote (1)5/29/1999 8:19:00 PM
From: Topannuity   of 33
 
I got 400 BNBN at WIT. I too was surprised at the poor performance, but then again, BNBN was missing some of the "star" appeal that the hot IPOs have.
Example...BNBN has a GIGANTIC float and too many shares outstanding.
While its true that sales are growing at 300-400%, BNBN will NEVER be the niche leader that AMZN is. So BNBN lacked that "first-mover" characteristic, too.
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