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 : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (709)	8/18/1999 3:53:00 PM
From: Nelson Chang	Respond to of 1794

>>>The recommendations from the underwriters will start (as they always do) before the bell on the first trading day after the 25-calender-day quiet period expires. <<< That is what I am referring to. Didn't have time to look up on the calendar the exact date. I've seen coverage start within 1 week of IPO, but from brokerages other than the underwriter. thnx for the info

To: Gerald Walls who wrote (709)	8/18/1999 7:32:00 PM
From: Kimberly Lee	Read Replies (1) \| Respond to of 1794

Not just the underwriters, but any firm that makes a market in the equity as well. In the rare events that other firms initiate coverage prior to the end of the quiet period, it usually bodes well for the stock (major hype expected), a la EBAY on which Mary Meeker initiated a "buy" rating on the first day of trading and PCLN, on which Johnathan Cohen did the same. Both issues were hyped all over the Street when the QPs were over.