SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : eDrugstores: Drugstore.com, PlanetRx and Soma -- Ignore unavailable to you. Want to Upgrade?


To: Tom D who wrote (179)7/28/1999 5:49:00 PM
From: Tom D  Read Replies (2) | Respond to of 254
 
<<Once again the Underwriters and MM's have screwed a new issue out of any support at all>...

From the AMZN thread today.
Message 10696620

To: +McNabb Brothers (70376 )
From: +Marshall001
Wednesday, Jul 28 1999 4:47PM ET
Reply #70379 of 70391

In regards to DSCM IPO. Once again the Underwriters and MM's have screwed a new
issue out of any support at all. By opening it up at 65 They have cursed it to become
another MPPP. Because it found very little support today, buyers will be hesitant about
catching a falling knife. I think DSCM will see 30 before any support is found. Amazon
will rebound a little after the recent selloff but the overall trendline is now down. The
MACD just crossed over and went red. Next stop will be 89 - 92. If support there is
broken then we go further.

Yes I am short but only 100 shares.

M