To: DlphcOracl who wrote (12929 ) 9/29/1999 11:11:00 PM From: Kaliico Read Replies (1) | Respond to of 57584
LIOX...hummm..in the short term is see it bouncing around a dollar or two... a sell of on CSCO news is never a good sign, yet when folks digest the news it may trade up $2 in flash. IPO's fall into a couple classes, LIOX is like INTM IMHO. great potential but the biz model isn't well understood or accepted by the street yet , on the contrary there is ICGE JNPR PHCM ARBA RBAK and the like where the future seems very clear to the street (and i agree), hence they go up in leaps and bounds all the while helped by the traders. As for LIOX , its's day will come, for sure!, most likely bought out as the internet continues its global medium metamorphisis, what i mean is language will no longer be a barrier, culture the only limitng factor. I am really interested in the stocks like LIOX, take a look at GLBN, international financial site, great idea but the potential needs time to play out. For now LIOX could go to $6 in a market plunge, i have seen it with many IPO's such as DRIV last year that went to $61 and within 8 weeks was upto $61 !!..timing is everything with ipos, until the company carves its niche and the street likes it, potential plays a distant second IMHO in terms of how far they run. In this market stick with the leaders, that have street buzz. One good way to check this is how many SI posts an ipo has prior to pricing and trading. Also, study the charts, most ALL ipo follow a pattern, an initial pop, a sell off, the 18 day QP play runup, sell off, then the 25 day news play back up, sell off?, from there?.. street acceptance, realization or denial from there ? No go they trade to single digits. News and relationship announcements play a major role. Kaliico