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Technology Stocks : Sycamore Networks Inc-(SCMR) -- Ignore unavailable to you. Want to Upgrade?


To: LKO who wrote (462)10/22/1999 9:05:00 PM
From: Victor Lazlo  Respond to of 2249
 
Because it is rigged by the underwriters. That's why. It is amazing to me that some folks around here expressed shock that the offering price had been doubled on Wed.

What did they expect????? It should have been quadrupled. This ipo is supposed to benefit the co., not short-term traders, the underwriters, and 144 insiders.