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Technology Stocks : Buying IPOs on the open market -- Ignore unavailable to you. Want to Upgrade?

To: rdmsqito who wrote (159)	7/29/1999 3:55:00 PM
From: Marshall001	Read Replies (2) \| Respond to of 5529

Our trading styles a very different. At this point in the market correction (see the double top at 11000/2700) I would not be a buyer of new issues. Simply take advantage of the intraday volatility for now and buy back in October. Just my opinion, I don't want to be left holding the bag on these dime-a-dozen internet companies. If anything, I wish I could short most of them. I think INSW may have the most potential but I personally would not be long on HOOV, ADBL, or NTOP right now. Good Luck, I hope they all go to 100 for you. M

To: rdmsqito who wrote (159)	7/29/1999 3:55:00 PM
From: PartyTime	Respond to of 5529

Any of you folks agree with Dan's comments below? To: +PartyTime (62 ) From: +Dan Meckenstock Thursday, Jul 29 1999 3:22PM ET Reply # of 69 I'm in at 20 7/8 and plan to hold for a few days. I've watched a lot of IPOs go in the toilet the last couple weeks but this one has a different flavor. I was hoping NTOP would open below 40 and it did. I was afraid it would open above 60 and it didn't. The market being off today probably is responsible for this gift. Here's hoping most shorts will be underwater by days end. Could be wrong, but being in a leader in a new niche on the internet, here's hoping good things have just begun. BTW, over 16.2 millions shrs have traded. That's a churn 3 times the float. I'm seeing Priceline.com all over again. BTW2, I'm offering free razor blades to all shorts.