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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: bh who wrote (4878)6/14/1999 8:59:00 PM
From: Todd N  Read Replies (1) | Respond to of 16809
 
Also count the underwriting revenue!!!! With all the IPOs they are in on this Qtr compared to others, their underwriting revenue should be a HUGE increase from the 1st Q.

Going by the list of previous issues, they completed 13 IPOs in Q1. So far this Q they have completed 18, not counting the 7 listings waiting to go (TWE, CARI, Viant, etc). Also, they have been receiving larger allocations per deal.

I wonder if they will count their own IPO (underwriting discount) in the underwriting revenue...gave themselves a big allocation there! <G>