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Technology Stocks : Vixel (vixl), a fibre channel company! -- Ignore unavailable to you. Want to Upgrade?


To: MaxDamage who wrote (94)10/3/1999 3:02:00 PM
From: iknowlarry  Respond to of 377
 
Max, I'm going to hold for a little while.

I'll put a stop loss in to limit the downside. I still think it will run a little this week. I also belive they will beat estimates for the quarter. I've been involved (through relatives) in 2 IPO's before. Both companies booked expense/reserves and differed income to the quarter after the IPO. This gave them a good 1st quarter (beat estimates) after the IPO. I guess they still had shares to get rid of and wanted the best price.

We will see how it goes tomorrow.

Larry