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To: Cookie Monster who wrote (62)12/10/1998 7:33:00 AM
From: David B. Higgs  Read Replies (2) | Respond to of 3070
 
Cookie,

I agree with you in that many people are letting their expectations get out of hand but I have to disagree with this statement:

"you hype stocks too much dude....settle down and be realistic. Why do you think the IPO was delayed today? It was supposed to trade tomorrow and now its Friday.....they know they are screwed. IPO's run on hype...there is almost none surrounding INSP. "

A one day delay is not significant. I think it means two things, one bad and one good. My guess is the delay will allow H & Q to raise the offering price by about $3 and on the good side, may increase the offering by a million or so shares. Then we may get 75 rather than 50 shares.

Talk about hype. It sounds like you are trying to play down expectations so you can buy in the open market a little cheaper.

No one will get rich here but there should be some nice change for all players regardless of their perspective.

Regards