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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (45603)1/27/1999 10:59:00 AM
From: SS  Respond to of 97611
 
Most IPOs have a "friends of the company" list that enables you to purchase shares from the investment bankers at the coming out price. I've been fortunate to be on that list a couple of times. It's nice. I don't know how you get on that list if you are not a true "insider." (One of the perks in my previous life as an investor relations professional.)



To: Jim McMannis who wrote (45603)1/27/1999 12:28:00 PM
From: rudedog  Read Replies (3) | Respond to of 97611
 
Jim -
I think CPQ owes it to the long-suffering shareholders to give them a shot at the initial AltaVista IPO, maybe according to some formula based on CPQ shares held. After all, the shares end up on the market sooner or later anyway and the offer would not have to cover all of the stock.

It would also cover the 50% institutional holdings in a way that wouldn't make this look like an insider's game, but still would encourage an increase back to the 60-70% levels CPQ used to have.