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Technology Stocks : Broadcast.com (Acquired by Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: calvis who wrote (45)7/16/1998 2:37:00 PM
From: Tradegod  Respond to of 1260
 
How to get in on the Broadcast.com IPO (sort of)

This will be a hot issue. My sources tell me probably priced around 17. First trade could go in the 30's. Plus the actual float will be tiny. 2.5 million allocated. Most of those going to holding institutions. (particularly with the heat in this sector now) Bottom line maybe 10% or 250,000 shares in the float tomorrow.

Now sucks for us right, maybe not. I would suggest getting some Real networks RNWK before the close. Broadcast is their biggest customer, and you need real Audio to use Broadcast. My experience has been that a hot IPO spills over to it's cousins. RNWK is down slightly on low volume. I expect a 5 point jump tomorrow, if BCST is hot.



To: calvis who wrote (45)7/16/1998 2:42:00 PM
From: FDHIII  Read Replies (2) | Respond to of 1260
 
To the best of my knowledge it will, I called Datek today and asked if there were any hidden oddities to the BCST ipo. The answer was a blunt "NO". The voice on the other end said "It should begin trading tomorrow just like any other stock" and thats how it ended. Anyway I think with the EXTREAMLY small float of I belive (correct me if I'm wrong) only 2 million shares should make for an extreamly profitable day if you play it right. A "pop" of 5 or 10 or more dollars is probably not out of the question.

Comments and suggestions please! Lets get as much info on this thing before the open!

Good luck trading-

Franz~