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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (70261)4/18/2001 1:40:02 AM
From: ZenWarrior  Read Replies (1) | Respond to of 122087
 
Wow... that was one nice pick. Restated revs down 91%??? What the...??



To: Anthony@Pacific who wrote (70261)4/18/2001 2:51:14 PM
From: ToTradeWell  Read Replies (2) | Respond to of 122087
 
Anthony or anyone who knows the flavor of his trading - question about ALLOCATION

Say you begin a new position & short 30% at what you feel is a GOOD entry for the 1st position.

what rule of thumb to you use to enter with your second position if it rises against you? 10%, 20% higher you add, or what? (On a $30. stock)

Is it totally objective, but are their any helps to go by?

thanks



To: Anthony@Pacific who wrote (70261)4/18/2001 2:53:53 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 122087
 
GENI S-3 filed 13:11 today!: Common Stock, par value $.001 per share 10,615,884 $8.39 $89,067,266 $22,267
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To: Anthony@Pacific who wrote (70261)4/18/2001 5:10:45 PM
From: StockDung  Read Replies (2) | Respond to of 122087
 
Marketwatchcom Sued by Investor Who Claims Fraud During IPO


New York, April 18 (Bloomberg) -- A Marketwatch.com Inc. investor sued the financial news Web-site owner for allegedly defrauding him in the company's initial public offering.

The suit, filed Tuesday in New York by investor Laurence Bonilla, claims that Marketwatch.com and several underwriters allocated shares in the IPO to some investors without disclosing that those buyers had agreed to purchase shares later at progressively higher prices. Marketwatch.com owns the CBS Marketwatch financial news Web site.

``Unbeknownst to investors who purchased in the aftermarket, the increase in share price was a result, in part, of the tie-in arrangements that locked in demand for Marketwatch shares at levels well above the offering price'' Bonilla says in his complaint.

The suit was filed by the same lawyers, Christopher Lovell and Howard Sirota, who have accused seven major investment banks of colluding to allocate IPO shares in other offerings, including those of Marimba Inc., United Parcel Service Inc., and Ariba Inc. The Marketwatch.com suit, like the others, seeks class-action status.

Marketwatch went public at $17 a share on Jan. 15, 1999, and shares climbed as high as $97.50 that day. The stock lost 15 cents today, falling to $3.15, on the Nasdaq Stock Exchange.

Dan Silmore, a spokesman for San Francisco, California-based Marketwatch.com, said the company didn't have a comment on the suit.

According to the complaint, Marketwatch.com and its underwriters required clients to kick back part of their profits in the form of secret commissions, a violation of federal securities laws. The suit seeks undetermined damages.

Bloomberg L.P.'s Bloomberg News competes with Marketwatch.com.

Apr/18/2001 16:51 ET

For more stories from Bloomberg News, click here.

(C) Copyright 2001 Bloomberg L.P.