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To: Mort who wrote (38923)2/4/2000 12:47:00 PM
From: Kevin Podsiadlik  Read Replies (2) | Respond to of 45548
 
In recent history, IPOs, particularly those that open at a multiple to their IPO price, tend very strongly to retreat towards their IPO price. There are all kinds of examples of this, pick just about any dot-com that opened at more than twice its IPO price. I'll spot you TSCM and you can go from there.