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To: Ilaine who wrote (88176)3/30/2001 6:33:46 PM
From: jjetstream  Read Replies (3) | Respond to of 436258
 
Amazing....what a great idea as a collectable....heh, heh the sellers will probably make more money selling the cert than the actual shares represented.....etoys sure is colorful............



To: Ilaine who wrote (88176)3/30/2001 6:40:10 PM
From: Monty Lenard  Read Replies (1) | Respond to of 436258
 
I just heard a guru on CNBS say "We are closer to the bottom than we were a month ago!"

Now that was about the most brilliant statement I have heard from them lately. Sheesh!

Monty



To: Ilaine who wrote (88176)3/30/2001 7:05:50 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
The suits claim that the companies and their underwriters allocated
shares in their IPOs to some investors without revealing that the
investors agreed to buy shares later at progressively higher prices.
Such ``tie-in arrangements'' distort a stock's market price, the suits
say.

The plaintiffs also say that some investors who received coveted
shares agreed to pay inflated commissions on transactions in other
securities underwritten by the banks. Neither the companies nor the
banks disclosed this, the plaintiffs say.

``These payoffs were, in a sense, kickbacks,'' Sirota said.

quote.bloomberg.com