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

To: Frederick Langford who wrote (3811)	10/22/1999 7:20:00 PM
From: gizmo&jack	Respond to of 5529

Fred, I agree. Barbara, if you are reading this, CLIC came as a real surprise. You just can't win them all. Fortunately, I made a small profit on CLIC, but the opportunity cost was huge. The day after CLIC's earnings, everything around it flew from earnings or sympathy. And I was holding CLIC for a loss on the day. S**t happens. The revenue growth was flat, a very bad sign. The market was actually forgiving. I would not have been surprised if CLIC had gone down to 40 that day. I don't think too many got hurt real badly because there just wasn't much volatility on the stock. So you get out and move on.