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Technology Stocks : FBR IPO ALERT THREAD (NYSE: FBG) -- Ignore unavailable to you. Want to Upgrade?

To: steve stark who wrote (211)	6/30/1999 7:03:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 1044

An excerpt from the USA Today article mentioning this thread...as I indicated in my post of 2 days ago, looks like some folks here are either from rival IB firms, or ex-FBR employees and it appears as if USA Today or at least fbr mgt concurs with that thought: From USA Today: "But FBR critics, particularly on Internet chat sites Yahoo Finance and Silicon Investor, say unless FBR improves the caliber of its offerings, fbr.com appears more hype than substance. The sites lambaste the firm over everything from the $14 million bonus each co-founder got in 1997 to the fat trading losses FBR took in '98. In November, the trio had to repay $6 million in advances against estimated bonuses after FBR posted a loss. FBR suspects the online hecklers include ex-employees and trash-talking investment bankers from rival firms posting messages under scores of aliases. If anything, Friedman is more concerned about retaining FBR's culture as it increases its online staff to 100 workers and corporate staff to 350. So far, FBR has been able to retain the upbeat, casual atmosphere of a college campus on perpetual spring break. The mostly 30-and-under staff dresses ultra-casually, with the firm looking more like a Silicon Valley start-up than investment bank."