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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: WhatsUpWithThat who wrote (43908)12/21/2000 7:58:11 AM
From: dwayanu  Read Replies (2) | Respond to of 57584
 
Recent IPO GNVC..closed right on 9.50 each of the last five..days

Probably the underwriter feels obligated to support the price at the offering level, perhaps made promises to his big clients in order to get the offering made in this market.

- Dway