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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (22136)8/4/1999 10:39:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 99985
 
Hi Monty; Well I think it was Bonnie who said after GS went
public we better duck. I don't see how people are still buying
IPOs last I looked over 2/3rd of the more recent ones are down
some of them hard. I keep my eye on TWE as I use waterhouse, I
can't believe they don't buy back some of the shares but just
let it keep falling, it sure don't say much for any of these
brokers who just went public it's a blood bath.
On top of taht the underwriters are pushing them out in spite
of every thing this week is to have a record number, it's
almost as if they smell the death of the market and want to
get anything they can out of it.
----------------
Jim