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Technology Stocks : EarthWeb IPO -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (17)11/11/1998 8:27:00 AM
From: BomboochaBoy  Read Replies (1) | Respond to of 177
 
>>this stuff sort of bothers me that the company is all about hype and timing, and not really worth its salt.

Absolutely. There's no way EarthWeb would've come out a month ago. It's timing, momentum and hope/hype. This is a calculated risk for buyers.

The fundamentals aren't strong by any means. Even eBay, as expensive as it is, has revenues. And EarthWeb has more competitors of scale.

EarthWeb does have one common denominator with eBay, however: a tiny float. 2.1 million shares in a frenzied market... I can only guess what will happen today.