Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Talk City Inc - (Nasdaq-TCTY) -- Ignore unavailable to you. Want to Upgrade?

To: pressboxjr who wrote (220)	8/4/1999 10:42:00 PM
From: Sabrejet	Respond to of 293

Do your homework JR. I've been around SI for quite a while and frankly have made a crap load of money. I was around when AOL hadn't even split once yet. With that said, I have done the work. If you would have done your homework you would have known that I bought this out of no concern! For Yuks! I was never part of an IPO! How's that? I did it for the thrill! As far as the money goes, don't take this wrong but, what is it, $300???? I don't give a crap about that! As far as being a blind investor, I have two prospectus' here! One I ordered long before I took the shares and the other some outfit mailed me last week. Don't get too sensitive now. I don't sell because I know the market conditions and like few, don't sell at the bottom. I also have a provision to stay in for 15 days and if I sell early, I lose out on the chance to participate in future IPO's. Have you ever checked the website out? I couldn't believe my eyes. It's not what I call top of the line, yet! I laugh when I read all these post that say"...I just got another 500 @13 1/4, what a steal!..." Go bother those people. Or do your own homework. Tell me, did you buy this for a quick buck? It's a bad "investment" in my opinion but yes, I sure did buy it for a quick buck! Sabre!

To: pressboxjr who wrote (220)	8/4/1999 10:45:00 PM
From: Sojourner Smith	Respond to of 293

My TA didn't work out like I expected. I didn't anticipate a major selloff of all Inets. Still like TCTY fundamentally. Hopefully Inets will come back soon.

To: pressboxjr who wrote (220)	8/5/1999 9:35:00 PM
From: Pullin-GS	Read Replies (2) \| Respond to of 293

Actually JR TCTY is one of the worst run IPOs I've come across. This is not a intended to be a bear-post, just an informational post. I've traded TCTY twice and made a whopping 1/8 point total! Anyway, here's the scoop on TCTY's poor performance: LEHM is a primary underwriter (Undertaker in this case) for TCTY. LEHM has been dumping the stock since day one. Traders thought at first that LEHM was just putting false offers up, and buying up loose-handed shares from scared IPO holders using NITE and INCA, so the price held above $12 for a few days...but the real selling continued.....even below $12. Today LEHM held steady, selling at 9 1/16. I bought today, thinking that TCTY would rally, but sold half for a quick trade (peanuts). When the underwriter sells, it is not a good sign. TCTY had all the making of a $25 MINNIMUM INET runner on day one. It's up to the longs to make anything of it now. I'll jump in (small) right before the quiet period is up if TCTY has'nt run up just to see if it can do anything. ....and FTR I'll never participate in a LEHM under-written IPO in the future...you TCTY IPO holders got robbed.... Regards.....