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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (52173)3/16/1999 1:02:00 PM
From: Freedom Fighter  Read Replies (3) | Respond to of 132070
 
Goldman Sachs IPO

Does anyone besides me get a uncomfortable feeling in the pit of their stomach when they think about this IPO?

After years of relentlessly promoting stock ownership (often using interpretations of data that at best could be called disingenuous) despite valuations that prudence would suggest at least warranted extreme caution, Goldman's partners are now about to cash in at a price that is several times the long term average for investment banks.

Gee, there goes my stomach again!

Wayne Crimi