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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rose who wrote (31102)	10/22/1999 6:52:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

Robt: "I am concerned that the scmr debut marks some kind of blow off for the inet ipo market." I thought so too. I have been messing with IPOs via Witless Capital, and CMGI & SFE spin-offs all year, and it is looking a bit euphoric. When they start breaking the syndicate bids like they did in July (before I sold all of them), look out below.

To: Robert Rose who wrote (31102)	10/22/1999 9:31:00 PM
From: Matthew L. Jones	Respond to of 99985

Robert: BTW, there is a long line of folks who are starting to sound like Heinz and BB, so you have to take a number and get in line <vbg>. The endless list of IPO's (over half of which are internet related) are one of the very things that are, IMO, keeping us from having the "blow off" bottom everyone is looking for (not to mention the fact that when everyone is looking for it, we will never see it). See previous post Message 11681761 As far as today's IPO goes, I believe it's success is really for a variety of reasons: 1) it's an IPO. 2) it hits both the hot areas in one offering-- internet and broad-band. 3) it has a unique business model and if I heard properly is actually making money?? can it be?? and last but not least, 4) it is an acquisition target almost immediately because it is internet and broad-band. I may be totally wrong about this company, as I don't play IPO's and therefore only hear bits and pieces of the endless chatter on CNBC when I forget to turn the volume back down after turning it up for the exchange floor reports <g>. But if it is the one I think it is, that would be a reasonable explanation for its success. As I think about it, maybe there is another reason 5) the market has been down bad for some time and when we have a clearly "good" day in the market the money comes rolling in. Matt