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


To: Richard B. Haenisch who wrote (560)8/1/1999 4:44:00 PM
From: WaveSeeker  Read Replies (2) | Respond to of 1214
 
Rico, I like your style. Check out the performance of these Goldman Sachs IPOs on the last day of the trading month - more markup action as food for thought...

TIBX: +6 from 24 to 30 in 60 minutes (3:00 pm)

INSW: +4 3/8 from 26 to 30 3/8 in 10 minutes (3:50 pm)

ENGA: +2 3/4 from 32 1/4 to 35 in 90 minutes (2:30 pm)

CONV: +1 from 15 to 16 in 60 minutes (3:00 pm)

Check out INSW on a 1-minute chart and what a 4-million float can do in less than 10 minutes. Gee, and I thought Nasdaq was an orderly market. "Further proof that market conditions do not mean as much as where the MM want a stock to go." Great point, brother!