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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (41353)	12/8/1999 5:55:00 PM
From: Manly	Read Replies (1) \| Respond to of 108040

Look at FMKT! Man did they jack the price up! NO RESPONSE NECESSARY! For your information: Wit Capital Corporation is advising you that the expected price range for the Initial Public Offering of, FreeMarkets, Inc. joint lead managed by Goldman, Sachs & Co. and Morgan Stanley Dean Witter, has been changed to $40.00 to $42.00 per share. Further details of the offering follow. For complete information, please click through to the amended Preliminary Prospectus for this offering dated December 7, 1999. Issuer: The Company is an international Internet professional services firm. Security: Common Stock Expected Size of Offering: 3,600,000 shares of Common Stock Expected Price Range: $40.00 to $42.00 per share (revised from $14.00 to $16.00 per share) Expected NASD Symbol: FMKT Managing Underwriters: Goldman, Sachs & Co., Morgan Stanley Dean Witter, Donaldson, Lufkin & Jenrette and Wit Capital Corporation. NO RESPONSE NECESSARY You do not have to change a pending Conditional Offer due to a change in pricing terms of an IPO.

To: Jane4IceCream who wrote (41353)	12/8/1999 6:41:00 PM
From: If only I'd held	Read Replies (2) \| Respond to of 108040

Well, to set the record straight, the 14 dollar shares were a trade. The reason I felt the stock could do 100, was based on technicals. We have witnessed stocks with 20-30 million share floats rising 400+% on Linux news. So, you take a stock like PERL, with a 3.2 million share float, higher revenues than RHAT itself, only 7 million shares outstanding, and give it the same kind of volume that those stocks have seen, and it becomes more of an issue of trading the stock as a commodity (on momentum) and not so much based on the company's fundamentals. 22 million shares traded today. The float turned over 3.5 times. I don't see it dropping straight down. Will it go to 100? Heck, who knows? But I bought ESFT at 5 bucks, sold 2/3 of it at 20, and the rest are just riding high. There are no insider sales lined up. Tonight, a lot of folks that missed the fun today, are looking at PERL and thinking it is the next RHAT. They say, well somebody paid 20 for it, so at 13-14, I must be stealing it. Orders may be in place tomorrow, and with the volume from today, things could get out of control. ADSP went from 10 to 57 in one day. ADSP had nothing except for momentum. ADSP had nearly 3 times the float and traded about the same as PERL. There is discussion that PERL will be offering their product for free.....so does RNWK. Linux itself was and may still be free. So why the multi-billion dollar caps?? I don't wish hard feelings between us, but you have made it clear that you do not like me. So if I took it in a way that you didn't mean it, look at my side.