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Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?


To: Richard N. Barg who wrote (38)2/4/2000 8:17:00 AM
From: UUplink  Respond to of 2293
 
You could put in a series of limit orders with increments up to the maximum price per share you are willing to pay. If you end up with more shares than you want you will need to be nimble to unload the excess before the price moves against you. Ideally, you would be able to sell any unwanted shares as the stock price continues to rise.

You may not be able to trade the shares online at first--some brokerages do not update the symbol lookup tables immediately after every IPO. You would then need to use a "live" broker to execute your trades. Maybe this would not be such a bad idea given the expected volatility.



To: Richard N. Barg who wrote (38)2/4/2000 12:04:00 PM
From: All Mtn Ski  Respond to of 2293
 
Personally, I'd wait a day or two as the flippers get out and drive the stock down, ala SCMR to 170.

Tom