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Technology Stocks : Buying IPOs on the open market -- Ignore unavailable to you. Want to Upgrade?

To: TraderTerry who wrote (3336)10/19/1999 1:30:00 PM
From: BarbaraT  Read Replies (1) | Respond to of 5529
 
Yep .. especially CHINA .. I know because I sold it at a slight loss and thought I was lucky early morning of 2nd day .. and then it ran about 15 points and again the next day. I'll be happy if SIFY does half as well.



To: TraderTerry who wrote (3336)10/19/1999 1:41:00 PM
From: Triffin  Read Replies (1) | Respond to of 5529
 
SIFY ..

If you go back and look at INFY it
had a nice opening day gap .. which
it held .. was essentially range-bound
between 40-50 for over a month .. and then
took off to +150 ...

With SIFY .. I would look to enter
post ipo+3 or post ipo+6 for a low point
or use a buy stop @ 49 ..

Pakistani situation may also be a factor
in the short term

Jim in CT ..


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