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


To: ChopChop99 who wrote (5150)6/18/1999 3:53:00 PM
From: Praetor  Read Replies (1) | Respond to of 16809
 
I don't like STMP either.

Same reasons. Kinda like the prospectus for NETO - way too much wrong with it, not enough right.

IPO Edge only gives STMP a -2... I give it something more like a -5. I also have a serious dislike for anything involving Volpe Brown in the list of underwriters.

I'm also fairly bearish on SRCH. IPO Edge gives it Neutral, 0. $9.2MM revenue versus $6.8MM loss - I just don't like those numbers, they don't have enough revenue to stand losing that much, IMO.

My take on TWE... I like this one. IPO Edge gives it Favorable, 4. Even with their rather pricey range of $20-$24, they've got some serious heavy-hitters like GS and MSDW underwriting the deal. Call me bullish on TWE.

My four cents' worth,
Praetor