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.

Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: James R.Gross who wrote (7250)	10/3/1999 9:09:00 PM
From: kendall harmon	Read Replies (1) \| Respond to of 7396

FDRY--the best quote in Barrons this weekend IMO, came in a piece concerning IPO's in general and the opening of FDRY in particular. People have the idea that these kinds of ridiculous openings are positive, but... <<"The psychology's totally different today," says Philip Davidson, former syndicate head for Kidder Peabody. "In my day, the job was maximizing the price for the company based on knowing supply-and-demand and valuation. Companies today have been sold a bill of goods that these market premiums are good for them, that they can sell more stock on the second go-around. Day traders chase these issues like lemmings rushing to the sea.">>