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To: Bryce Elkins who wrote (114)10/5/1999 11:51:00 PM
From: Skeezix  Respond to of 170
 
Not Rupert so blast me, but here's my 2 cents - if there's any support
with a stock that's only traded for 2 months, it's somewhere around 47-50. At some point the underwriter (Morgan Stanley?) is likely to try to talk the stock up. This doesn't look good for them.



To: Bryce Elkins who wrote (114)10/6/1999 10:41:00 AM
From: Rupert  Read Replies (1) | Respond to of 170
 
I wonder if we're still looking for the support level after our fall from grace. I got stopped out of my holding at $65 (in at $44) and wondering when to re-enter too. Goldman Sachs was the lead underwriter:

hoovers.com

Come to think of it there were a lot of IBs involved in this:

"Goldman, Sachs & Co.; Morgan Stanley Dean Witter;
Banc of America Securities LLC; J.C. Bradford & Co.;
A.G. Edwards & Sons, Inc.; EVEREN Securities, Inc.;
Gruntal & Co., L.L.C.; Legg Mason Wood Walker
Incorporated; U.S. Bancorp Piper Jaffray; C.E. Unterberg,
Towbin; Wasserstein Perella Securities, Inc.; Wit Capital
Corporation"

but we've only heard from Morgan so far. Perhaps they are as confused as us.