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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (8103)8/25/1999 10:11:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
** Russell 2000 Break Out! **

Yah, man, in your dreams <g>:

decisionpoint.com



To: Justa Werkenstiff who wrote (8103)9/22/1999 6:29:00 PM
From: Allan Harris  Read Replies (1) | Respond to of 15132
 
Boy, knowing nothing about the company I would be reaching for the sell button now

ICGE closed at 103 today, up from 59 where Justa suggested reaching for the Sell button. I'm still Long, being without a clue as to why this company is valued at $12B.

But that's not why I am here today. Safeguard (SFE) is about to come out with another IPO, Pac West Telecommunications, which some who follow SFE say is one of their "very best" offerings. I'll get some at the offering price as an SFE shareholder, but what we have seen in past offerings is that buying early on the day of the offering can result in some nice gains. Remember, ICGE could be bought in the high teens to low 20s for a few days before exploding. My guess is that anything less then a 100% premium from the offering price would be worth a shot.

A