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To: go_bucks who wrote (6)7/7/1998 10:47:00 PM
From: Robert Giambrone  Respond to of 10027
 
When NETG hit the street it was around 10 1/2 with a first day range from 10 1/4 to 11.
The IPO price was 10.00 so it wasn't considered a hot opening day.

You could have bought all you wanted on the open market for around 10 1/2.

That was a few weeks back when the market was in a downturn and before the latest surge in internet stocks.



To: go_bucks who wrote (6)7/10/1998 3:24:00 PM
From: cynic  Read Replies (1) | Respond to of 10027
 
Anyone know what exactly is going on with this company? I am content with it thus far - nice steady small steps make for a solid IPO. But I have been watching the daily traffic and it seems that the first half of the day it sell offs and then during the second half of the day it recoups. I have a feeling that the Underwriters are bouncing it up in the afternoon trading to keep the closing price in the positive. How long do you think they can do this?

Secondly, I wonder if positive earnings report from EGRP and Ameritrade will help out NITE. All the AP press ties them together.