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Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC) -- Ignore unavailable to you. Want to Upgrade?


To: the-half-wit who wrote (840)4/13/2000 9:14:00 AM
From: Dan Hamilton  Read Replies (1) | Respond to of 845
 
Obviously you have studied Wit Capital in great detail, and so perhaps my contribution can be to play "devils advocate". <g>

There have been a few articles published recently in The Economist, WSJ and elsewhere about the possibility of IPO's being postponed or cancelled due to market conditions. Apparently a number are on hold right now, but there hasn't been a high profile failure yet. If there is, this could exacerbate the overall market decline.

While this may be a short term issue (e.g. 6 months) would it not have a serious impact on WITC's revenue stream? So while Q1 may look good, Q2 and Q3 could be much less rosy.