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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?

To: kcmike who wrote (11285)10/14/1999 7:24:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 15145
 
yes. and you are protected by 1 1/4 in this secondary should it go down. E has no flip policy for IPOs so let alone secondaries.

My main reason to confirm is as follows
(a) i was down big today (5%)
(b) I only broke 30 once and immediatedly recovered.
(c) mid 30 seems to be a reasonable support.
(d) this is a goldman issue
(e) If we go for crap like iGo/pheonix/iwin/ncnt why not this. At 34 it is a low risk. it may go down but i am sure we will recover to sell at a profit.
(f0 Just playing with 100.



To: kcmike who wrote (11285)10/14/1999 7:28:00 PM
From: Srinivasan Balasubramanian  Read Replies (1) | Respond to of 15145
 
Yes, secondary offerings have done well atleast for a short while after the offering. STRM is priced right around support @34. I am going for it. STRM did private placements worth 41 mln to NBC, Ebay, Critical Path among others recently. If PPI is market friendly, this could sail into the 40's.

-Srini


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