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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (5408)1/20/1999 5:02:00 PM
From: DM  Read Replies (1) | Respond to of 56535
 
Jeff, NAVR

Maybe they need to monday to finalize IPO offering..

My admission for the day...In IMON ant 6 1/2 yest. out today at 5.00
Live and learn

DM



To: Trader J who wrote (5408)1/20/1999 5:04:00 PM
From: Canuck Dave  Respond to of 56535
 
I got thumped pretty good today, too.

But nothing like the YHOO story (though I too have been to trader's hell) and ASCT did well. NAVR is curious. Everyone predicts it's going to pop and it did some, but not a whole lot was sustained.

Went for a run just as the drop started. Extended downtrend coming? Let's hope not...

CD



To: Trader J who wrote (5408)1/21/1999 7:16:00 AM
From: HavanaHoney  Respond to of 56535
 
Trader J: Allaire raises range by 20%

Allaire (ALLR) announced that it will issue 2.5 million
shares at $19-$20 per share. The software company said it
now plans to price Thursday night and will begin trading
on Friday. Source: ipo-fund.com
Sounds like demand for the stock is strong.

BVSN and BEAS compete in the same arena as Allaire and Vingette (another upcoming IPO). If these IPO's are strong, it should draw attention to the sector.
Message 7343966