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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: trion12 who wrote (5739)	11/16/1998 8:54:00 AM
From: cgraham	Read Replies (1) \| Respond to of 12617

I used to do IPO's a few years ago. The way it worked was my broker told me of upcoming IPO's (now there's ipo.com and other resources). He'd tell you what the initial stock price was to be and you'd give a range for a buy, depending on how much hype was going on about this company. Then my broker would call me the day of trade and would tell me if I was able to buy in my range. If I bought then I would watch the stock and somewhere between 12-2pm (my past experience indicator only...use your own better judgement) the stock price would be reasonably high that I would sell, take my profits and run. In and out in one day ...can't get much shorter than that. But things may have changed in the last two years...(I made my money on IPO's with Boston Chicken, Einstein Bagels and Yahoo). And many people feel IPO investing is unethical. I personally don't. But you still have to be careful. Good luck