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

To: Topannuity who wrote (5308)	6/23/1999 10:17:00 AM
From: eDollar.com	Respond to of 16809

Top annuity. Brandname matters a lot too. I am going to get USSearch and Stamps.com. look at MAIL.COM. Just exploding.

To: Topannuity who wrote (5308)	6/23/1999 10:20:00 AM
From: ChopChop99	Respond to of 16809

Top, I glanced through their prospectus about 1 AM... ...and must agree. I didn't do the test on it like you did, but immediately saw: a long distance company losing money; just getting into DSL and counting on that to bail them out; competes with the big boys like AT&T and MCI; has a lot of debt and plans to use IPO money to buy back some of its preferred stock. It just doesn't look good to me. Chop

To: Topannuity who wrote (5308)	6/23/1999 10:31:00 AM
From: Todd N	Read Replies (2) \| Respond to of 16809

I feel so stupid for confirming. I took it on one acct because I was passed up for ARBA and GSPN. I needed an IPO fix. I didn't expect a huge pop but certainly better than $.50. At least I know I'm not alone as there are LOTS of shareholders in the same boat. Wednesday June 23, 9:52 am Eastern Time NYSE Indication Last 0 Bid 24 1/2 ASK 26 1/2, NEW ISSUE Stupid #%@$@% float! 60 days is a long time on this one. Todd PS: Nice breakdown on NPLS. I'll have to rethink taking it. I usually take all the GS IPOs I can get.