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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Mike Harkness who wrote (47628)4/21/2000 4:54:00 PM
From: kabbott  Respond to of 99985
 
I see the recent events as simply a temporary supply/demand
imbalance. with the record number of IPO's last year and up until March this year, we'll no doubt see supply increases (lock-up expirations) for the next 12 months. Who cares? More money(fund inflows) will absorb any new supply, as long as the new cos. have a viable way of making profits. As for the ones that cant make a profit, oh well.
kbull


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