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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?

To: Tumbleweed who wrote (197)	11/27/1998 11:07:00 PM
From: ----------	Read Replies (1) \| Respond to of 1222

Stunned is more like it! I was hypothecating (nice way of saying shooting the "male cow") with a guy today. We came up with one other possibility. The secondary offering of 4.6mm shares. The underwriters have access to darned near anything & everything about the company. They have to justify the secondary offering price of the stock. What if (an this is 101% pure total blind wild-ass speculation!), the underwriters looked at current quarter, etc., and determined the stock was worth 35-40 a share post-split? Now granted there is a "Chinese Wall" between every firms investment banking department and their retail/trading department. (Of course history also teaches us the Great Wall of China is a wonderful tourist attraction but didn't keep anyone out of China.) Again, just trying to figure out some quasi-plausible reason for this run up. I've had dreams that were not this good....so either I'm gonna wake up soon and realize the stock price numbers are transposed, or we'll eventually get an explanation. Just a total flying guess....no knowledge & certainly NO recommendation at these levels! Regards, Doug