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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: John J H Kim who wrote (8282)	2/11/1999 8:33:00 AM
From: LastShadow	Read Replies (4) \| Respond to of 43080

IPO's and Bull Count Prodigy Communications (PRGY) N/A: Internet service provider prices 8 mln shares at $15 per share, at the higher end of the range; IPO being underwritten by Bear Stearns. Healtheon Corp. (HLTH) N/A: Internet-based info/transaction platform to facilitate/streamline medical and administrative interactions prices 5 mln shares at $8 per share, above the $6-$7 estimate; IPO being underwritten by Morgan Stanley Dean Witter. VerticalNet Inc. (VERT) N/A: creator and operator of online business-to-business commerce communities prices 3.5 mln shares at $16 per share; issue being underwritten by Lehman Brothers. The Bull count is important, because, at least theoretically, one can't continue having an uptrend if everyone is a bull. If no one is bearish, who would sell? ls