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


To: eDollar.com who wrote (6113)7/2/1999 7:08:00 PM
From: bh  Read Replies (1) | Respond to of 16809
 
I read a bunch of sites (ipopros (init +2, artg n/a), redherring, quote, etc) and don't take any of them too seriously unless they throw up a serious red flag.

I don't think IPO valuation is an science, b/c of the lack of information. There are general rules, which we have discussed on this and the etrade threads.

Until there is a site that tells us exactly how oversubscribed an issue is, we'll have to depend on our criteria and judgement.