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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (35752)	3/7/2001 8:16:43 AM
From: vagabond	Respond to of 49816

A little IPO confusion, at least on my part -- can anybody clarify? SGEN has now officially priced, at 7 -- below the revised range of 8-10, which had already been lowered the other day from 11-13. But I'm not clear on whether it's actually set to start trading today, or not until tomorrow -- I've seen various IPO websites indicating both dates, and the news-stories I've seen so far on the pricing don't specify the trading-date. Anybody got a better handle on this one? Also looks like SJH actually began trading yesterday, even though most sources had indicated it wouldn't open until today -- was priced at 12, sold 1.2 Million shares yesterday between 12-1/4 and 12-1/2... Very unusual to have such confusion about IPO trading-dates, especially two in one week... Vagabond

To: stomper who wrote (35752)	3/7/2001 8:17:22 AM
From: JeanD	Read Replies (1) \| Respond to of 49816

07:54 ET Abby Raises Equity Weighting : Hearing from sources at Goldman Sachs that Abby Cohen is raising her exposure to equities to 70% from 65%. The strategist's cash position goes to 0% from 5%, with bonds staying at 27%. Remainder in commodities. Word of this move has helped lifted the Nasdaq futures (+8.50) out of negative territory.