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

To: Mohan Marette who wrote (5107)	6/18/1999 9:15:00 PM
From: Topannuity	Read Replies (2) \| Respond to of 16809

PS:I am not touching any POS issued by BTAB, Bear Sterns,Smith Barney et al. Mohan-- I've been on this thread a long time... I've watched many newbies jump for all the POS. I have been very successful in avoiding the losers. I follow 2 basic rules: Rule #1. "It's the underwriter, stupid" YES YES YES... If you stick with GS, MSDW, and ML deals you will average 200-300% on your portfolio, EYES CLOSED, WITHOUT A DOUBT.. Absolutely AVOID all the other underwriters. JUST SAY NO. It's that simply. There are at least 2-4 GS, ML, MSDW deals a month. Why is everyone taking the rest of the crap offered? Rule #2. "It's the BUZZ, stupid" NEVER NEVER NEVER accept an allocation for an IPO that has a whimpy SI thread. This is such a simply rule.. JUST count the number of messages on that IPOs thread. OVER AND OVER again, the hot deals had many many messages BEFORE THEY PRICED!!!. Check Ariba...already 50+ messages ETYS had 40+ TSCM had 40+ ALL BEFORE THEY PRICED.. Look at the STAD, MAIL, APNT, STDA threads... They're virually empty. BUZZ BUZZ BUZZ is the second key. I'VE ELABORATED ON THIS THEME IN A NEW THREAD CALLED Topannuity's Guide to Investing in IPO's Read my long post there. IT WILL SAVE ALL YOU NEWBIE'S ASSES!!!! Spend 5 minutes there now... Subject 28955