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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BSGrinder who wrote (67025)	8/31/1999 11:30:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Kit, the only stocks on that list that I follow are Brocade and Broadcom. Brocade is grossly overvalued. Broadcom is also overpriced, but it is in the midst of a huge demand surge that could last until November or so, so I'm not buying puts on it. This is just a tweaking of the game fund families have always played with IPOs. Basically, an IPO cannot make much difference to the performance of a huge fund, because you can't get enough shares to move that whale. So, the fund cos. start new funds that get the family's entire allocation of hot IPOs. These trading sardines do make a huge difference to the performance of the smaller funds. That is why, during a bull market, you want to buy a large fund family's new fund, not its old great performers. Unfortunately, often the fund is closed to anyone other than insiders at the fund until the big year is over.