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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?

To: Richard Tai who wrote (14624)	12/14/1999 7:42:00 PM
From: Charlie Langford	Respond to of 15145

ZTEL priced at 17,,lol, sure sign of IPO pricing getting out of hand, has anyone here dared to look at the "fundamentals" of this one, one of the ugliest I have seen in while, I submitted an IOI, but will not reconfirm Charlie

To: Richard Tai who wrote (14624)	12/14/1999 8:10:00 PM
From: lurknomore	Respond to of 15145

I'm still not sure on ZTEL -- I wasn't crazy about it originally, and 17 bucks, after today's market conditions, is awfully steep. I certainly won't try for it in all accounts, probably one, maybe two. If you're ready to flip at open, it probably can't hurt you too much, maybe a point or two, and could get you up to 5 on the plus side, not much more I think.