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

To: ChopChop99 who wrote (5006)	6/17/1999 2:12:00 AM
From: Elroy	Read Replies (1) \| Respond to of 16809

It's highly unlikely Goldman would buy 20% of Wit, then let the company go public (thereby making the 'purchase price' 6-12x higher), and then buy the whole company at the inflated price. Is that what people are thinking? Without buying Wit straight out, I don't know how Goldmand clients could 'use Wit' for online trading, etc. I think Goldman will support Wit's online IPO distribution model because GS own such a large share of Wit, but beyond that I don't see the link. Elroy