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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (4382)	4/5/2000 9:34:00 PM
From: eDollar.com	Respond to of 10270

As i told , getting an IPO is great. But these days so good companies are trading at 1/2 the price. It is good for a flip. But after 30 days you may be left with very less premium. This is the same gambe as buying ARBA or ITWO. Again as always quality will rule. Like Aroowpoint or next juniper or next selectica (even i think it is still overvalued). OPUS looks like a pure junk to me. But sure if they price it at 8-9 you may have a premium after 30 days. If BBRS comes out and prices at 15 then good luck. Also too many IPOs coming 2morrow and there is a flood gate opening next week. Major dilution, when the daytraders and speculaters are almost dead. Also I guess fund managers may sell them soon as they may be hurting, to make look theire portfolio decent. (You know the same fund managers who chased all those IPOs and lots money). I just happened looked at MONE which priced at 25 and is now 24. Now my question is what do I buy MONE or OPUS?