Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : eidos--maker of Tomb Raider -- Ignore unavailable to you. Want to Upgrade?

To: Bleeker who wrote (1224)	8/12/1998 12:47:00 PM
From: Jeff Lins	Read Replies (1) \| Respond to of 1773

Bleeker- GCTY driving everyone crazy...I am not in it.. I find it rather interesting that both GTIS AND THQI withdrew their bond offerings on the same day. And, of all the coincidences, Hasbro bought microprose for 70M at the same time... Withdrew due to bad conditions? COnditions don't seem that bad to me! It isn't like the earth shook since they announced the offering. And these were convertibles, and wouldn't be carrying the high junk rates...They dropped the financing because they don't need the money, because they lost the "bidding war" for MPRS. But it looks like nobody wants to admit that they were looking at that dog...

To: Bleeker who wrote (1224)	8/12/1998 4:18:00 PM
From: Tae Spam Kim	Respond to of 1773

I bought some GCTY the first day. I missed out on Yahoo, Amazon, Excite, etc. Not going to miss out on this one. The way I see it, it's a pure supply demand issue. For the first 30 days, you can NOT short an IPO. There are only 4.75 million shares available, and insiders are locked in for 6 months (can't sell, an IPO rule). Institutions want in, the retail investor wants in. The stock will go up. Sure its a speculative play, but that is what stop losses are for. So... that means in the short term GCTY will rocket upwards, like the other famous name-brand internet stocks. -Tae