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

To: AmericanVoter who wrote (6072)	7/2/1999 4:18:00 PM
From: Topannuity	Respond to of 16809

The "First Day" data at Quote.com is the gain or lose from IPO pricing level at the end of first trading day. However, Quote.com measures the "First Week's" performance from the close of the first day to end of that week. So quote.com doesn't provide the data you are looking for. Amein wrote: >>I think one has to look at the performance of more than merely the first day... I would tend to think that the first week is a better indication...mainly because you have a lot of people who try to buy IPOs in the open market in the first day hoping for a big pop to flip... the few days to follow I think represent the real interest... best regards amein