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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: Mary Baker who wrote (3887)6/9/1999 6:07:00 PM
From: ChopChop99  Read Replies (1) | Respond to of 15145
 
It prices only slightly below...

...what you can already buy it for on the open market.



To: Mary Baker who wrote (3887)6/9/1999 6:36:00 PM
From: mact  Respond to of 15145
 
mary,

that means the insiders within the company want to unload their millions of shares onto the market and diluting the sharepool, which often drives the price down....u can buy it for the same price in the open market right now as its already a publicly traded company...the insiders usually claim their doing this for more capital to fund future projects and etc but the real purpose is for the insiders to unload their shares onto the public to reap millions in profits...for me, i wont contribute to their cause.

mact



To: Mary Baker who wrote (3887)6/9/1999 7:39:00 PM
From: Mark Davis  Read Replies (2) | Respond to of 15145
 
Mary, a secondary a quite legitimate, despite some of the dribble you'll see posted.

It is however NOT AN IPO, and as such, you will never get the big pop in price, unless by some random event something really good happens for the company on the day of the offering. A few have gone up nicely lately on the secondary trade date.

My advise for most people is to avoid them , unless you are in the market for the stock and would like to get it at a slight discount.