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Technology Stocks : LaBranche & Co.- "LAB" -- Ignore unavailable to you. Want to Upgrade?


To: Balaton who wrote (4)8/19/1999 11:54:00 AM
From: PartyTime  Respond to of 29
 
My gut tells me, barring castostrophic market conditions, we'll see a very bright day on this one. It just seems so logical that a stock of this kind won't trade at $15 for long. Is there consensus on this?



To: Balaton who wrote (4)8/19/1999 2:24:00 PM
From: PartyTime  Read Replies (1) | Respond to of 29
 
I wish CNBC would stop describing this IPO as a good news/bad news proposition and simply let its prospects rest on its own merits. The so-called "bad news" is that LAB reduced its offering price. So why is this "bad news" in this kind of market? Seems to me that they're putting an unnecessary distinction on LAB.