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To: Tom D who wrote (152)	7/23/1999 1:13:00 PM
From: Tom D	Read Replies (2) \| Respond to of 254

Buy DSCM on July 28, or on August 16th? Subject: AMAZON.COM (AMZN) To: Robert Rose To: Michelle Harris (69178 ) From: Robert Rose Friday, Jul 23 1999 1:04PM ET Reply # of 69187 Michelle, as HJ noted, now even the most stellar inet ipo's are fumbling a bit. Just this past week I've seen deterioration. Example: gs-underwritten enga was good for first day profits 7/20. I was in at 30 1/2 and out at 42. Stock is now trading at 31 1/2. Example: gs-underwritten insw is not very good for first day profits 7/23. I was in at 43 1/2 and out at 41 1/4 seven minutes later. Stock now trading at 37 3/4 and falling. From: Tom D Jul 23 1999 1:08PM EST Reply #69187 of 69187 This argues for waiting until August 16 to buy DSCM. I think it is reasonable to expect the brokerage recommendations on August 17th to be favorable. If you look at HLTHs chart, for example, the stock doubled around 20 trading days post-IPO. Buying HLTH 18 days after the IPO would have been a smart thing to do. Tom D