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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (82484)12/9/1999 1:09:00 PM
From: Charles R  Read Replies (1) | Respond to of 1572512
 
<VA Linux LNUX IPO just opened....
290 up 260! >

No kidding! Talk about Mania.



To: Jim McMannis who wrote (82484)12/9/1999 1:38:00 PM
From: Goutam  Respond to of 1572512
 
Jim,

Here's one for the ages...
VA Linux LNUX IPO just opened....
290 up 260!


I think, money is moving into the Linux IPOs from the other hightech stocks. After seeing all the hype on the financial networks yesterday, I decided to take advantage of the market's crazy demand for these stocks. I got out of my AMD position yesterday at 30 15/16 and bought ANDN for $52 which was issued yesterday. This morning it opened at $84 1/2! I got out of it at $80 to buy some LNUX at $275 (I should have waited few more minutes to get it at $250). This is the first time I ever bought any IPOs and so far it has been great. If it works out, I should start paying more attention to the hype on the financial networks. I'm hoping to buy a lot more AMD stocks than I had before once I get out of LNUX in a day or two ;-)

regards,
Goutama