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Technology Stocks : CNQR - Concur Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Early Out who wrote (1)	12/5/1998 12:57:00 PM
From: 4 - Bob	Read Replies (2) \| Respond to of 374

I read the 115 page online Concur Technologies preliminary prospectus in the pdf format. I thought the overall tone was very negative on future earnings and risk factors. This seem to be reflected in the anticipated ipo price range($9.5 -$11.5). Even with this in mind, I placed an indication of interest with ETRADE for the following reasons. 1) I wanted to get a feel for how the IPO process works with ETRADE. 2) Very little chance of disappointment, since my expectations are already low based on the company prospectus. 3) Any improvement in the earnings forcast may lead to a sharp upswing. What is your feeling on the strongly recommended minimum 30 day holding period by E*TRADE and the potential of being excluded from future ipo offerings if you exhibit shorter holding periods? 4-Bob