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


To: buy_and_sell who wrote (6332)8/1/2000 2:57:12 PM
From: Bald Man from Mars  Respond to of 10270
 
suppose to be tomorrow night
reconfirm now, but I am 99% sure we have to reconfirm again tomorrow night --- reason being
1) Goldman is the lead underwriter and given what they did in the past, they usually price their IPOs very aggressively
2) super low float of 3 million
3) which speechwork indicates is people still chases quality IPOs regardless of current market condition
4) Corvis and Avici both raised their range and then still priced above the range

I believe that Resonate will be priced somewhere between 20-22, and go possibly go as high as 25 ...