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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (3198)	2/10/1999 6:32:00 PM
From: 007	Read Replies (1) \| Respond to of 57584

I don't think I've ever seen an ipo that didn't have decreasing volume over its first few days. Regarding those prices, you need to look at a chart. The IPO opened at 88 Friday and dropped steadily down to around 30, where it traded for almost two days. This afternoon it moved up off an apparent bottom to 35, up 5 1/2 at the close. I think a bounce to 45-50 is in the works, with more if momo gets behind it. This is a high profile internet with a float of only 2.5M. Just my best guess. OO7