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

To: neverenough who wrote (6626)	8/7/2000 1:19:26 AM
From: FR1	Read Replies (1) \| Respond to of 10270

"We are just amazed by the irresponsible acts to which the underwriters are subjecting investors," said David Menlow of IPO Financial. "The September resurgence that we usually see will be damaged by all of this overhead supply." Tell David Menlow to direct his anger to AG. The feds jacked interest rates up to the sky, with highly debatable justification, and killed the IPO market (as well as a lot of small businesses). All those companies that have been stalled by the feds can't just keep taxiing around the runway waiting for takeoff. So the second the feds seem like they are a little on hold everybody comes out. They don't have any choice since there are time limits on funding and IPO procedures.