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To: BGR who wrote (64465)6/24/1999 6:24:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> Watch the IPO market. It's much more robust than a few weeks back.

And the guy who falls off a cliff barely notices the heartburn he has from eating a chili-dog earlier that afternoon.

Anyone see the Checkfree (CKFR) fiasco yesterday? Can anyone recall a time where a brokerage was so horrified of being sued into the ground that they REFUNDED the money of anyone who purchased shares in their secondary offering? Yup, looks like a strong market for new offerings to me. :)



To: BGR who wrote (64465)6/24/1999 8:23:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
It is? WHich offerings are you looking at? For example Ariba looks identical to e-toys to me. Both a-list offerings, start out strong but fizzle in the following week. Of course e-toys has amazon for competition now and that killed them. Salon and Koop aren't exactly lighting the world on fire.

Juniper looks good is it that one... they are big around here though, atypical



To: BGR who wrote (64465)6/24/1999 8:55:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
BGR -- The IPO market was very influential this week. The market dropped when Salon flopped and picked up as soon as Ariba looked strong. A strong caveat -- the flood of new net stocks being issued is going to dilute the value of all net stocks. The blatant and barely legal (if legal) manipulation of IPOs in general and net IPOs in particular is no longer much of a secret. Conclusion? Net stocks are no longer a scarce commodity.