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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT) -- Ignore unavailable to you. Want to Upgrade?


To: TIG who wrote (352)2/10/1999 11:55:00 PM
From: Bob Duncan  Read Replies (1) | Respond to of 821
 
Question regarding IPO's:

The way I understand it, the average "investor" can't short IPO shares. However, institutions can, correct? The reason I am asking is I am trying to figure out how not having shorts in a stock like MMPT affects its price action. Normally when a net stock drops this much from its high I figure it is worth a play on the long side just because of the short covering. Any opinions? Also, does anyone here believe this company is worth 30 bucks a share or are you long just for the hell of it?