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


To: The Phoenix who wrote (623)10/23/1999 5:04:00 AM
From: Drake  Read Replies (3) | Respond to of 2249
 
Gary, I agree -- how can an IPO of $30+ be worth $184 at the close of its first day? If the underwriters, and the company itself, thought it was worth $184, wouldn't they have done the initial offering at a higher price? This IPO thing has gotten "out of hand" and definitely needs further regulation, imo.

That said, I wish everyone well who owns SCMR.

dc