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Technology Stocks : Engage Technologies Inc - (Nasdaq - ENGA) -- Ignore unavailable to you. Want to Upgrade?


To: kingfish who wrote (164)7/19/1999 9:35:00 PM
From: Mary Baker  Read Replies (1) | Respond to of 754
 
I always check the market box. If you receive an allotment of IPO shares you will pay $15 (WHATEVER THE IPO PRICE IS THE NIGHT OF PRICING---I call it the pre-IPO price for clarity) Then the market makers (I guess) raise the price once again before it starts trading on the secondary market. So, Engage will probably open around $20 as my best guess. So if you sold at that point you would make $5 a share.