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Technology Stocks : FBR IPO ALERT THREAD (NYSE: FBG) -- Ignore unavailable to you. Want to Upgrade?


To: Keith J who wrote (806)2/11/2000 1:27:00 PM
From: kcmike  Respond to of 1044
 
Just got a FTHL DJ from fbr.



To: Keith J who wrote (806)2/11/2000 1:31:00 PM
From: Richard N. Barg  Read Replies (1) | Respond to of 1044
 
Can you elaborate on the point you are making? What was FBRs ownership interest in Web Methods and did they sell it all out? What is the basis for the runup in the stock based on Web Methods? If FBR is going up in tandem w/Web Methods, does that mean it didn't sell its entire interest?



To: Keith J who wrote (806)2/11/2000 1:39:00 PM
From: Jim B  Read Replies (2) | Respond to of 1044
 
as i said they own 2.7million shares.. you're right they dont own the whole thing.. but the point is yesterday those 2.7million shares were worthless (sort of).. and today they are worth $500+ million...

when the market does some math .. pulls its calculator out if it has to.. and adds in what those 900k shares of AETH are worth that FBR owns.. then it'll skyrocket..

question is whether I'll have enough patience to wait around for that... and I doubt it.. with limited funds.. I dont like being tied up in one stock very long.. but we'll see.. sometimes it's nice to go long or short.. and not have to watch your holding everyday..

gotta run... hope everyone is having a great day

jim