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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: Richard B. Haenisch who wrote (553)7/31/1999 7:17:00 PM
From: WaveSeeker  Read Replies (1) | Respond to of 1214
 
An interesting comparison, but conditions have changed:

1. IPO performance is an extension of the current market environment. ABOV and ISLD achieved their gains during very strong bull runs. That's not the case here.

2. The Internet sector in general is the worst-performing sector on a relative strength basis now. For example, reporting a loss of 56 cents versus an expected loss of 59 cents isn't going to cut it anymore.

3. INIT does not yet have the visibility of an ABOV or EXDS because of the numbers of deals that have been shoveled out the past month. It's kind of like raising your hand in a class of 235 kids.

You presented an interesting case, but you're extrapolating the past here. But INIT is probably strong enough to at least hit mid 20's in the short-term (next 2 weeks).