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Technology Stocks : Wireless Facilities (WFII) -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (79)11/5/1999 9:26:00 PM
From: Techplayer  Read Replies (1) | Respond to of 465
 
Jim, I agree that there is an upside, perhaps to 100 and more. My "guess" is that there will be periods of weakness. Even QCOM has had those in its unbelievable run. then again, it could act like JNPR and run for a week before settling back 20% or so. Brian



To: Jim B who wrote (79)11/11/1999 10:55:00 AM
From: Techplayer  Read Replies (1) | Respond to of 465
 
Jim, As you can tell, there is a trend with these new offerings. More often than not, there is a consolidation after the IPO hype that will last until 10-12 days after the offering. After that, evaluating the price makes sense for a run into analyst coverage. I picked up a couple of k again yesterday at 58 and will add if we drop closer to 50. The 25 day analyst coverage should provide a nice pop if the trend holds. $Mogul knows that this is a common trend with IPO's which is why you need to be careful not to follow blindly. Good luck, Brian