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Technology Stocks : Autoweb IPO 3/22/99 AWEB -- Ignore unavailable to you. Want to Upgrade?

To: Bob Zeleznik who wrote (8)3/19/1999 10:15:00 AM
From: caly  Respond to of 696
 
You only have to hold for 30 days, and then only if you don't want to be excluded from another Schwab IPO for 6 months. You can sell on the start of trading if you want.



To: Bob Zeleznik who wrote (8)3/19/1999 10:39:00 AM
From: Alan Newman  Respond to of 696
 
I read the prospectus, and I'm concerned too.

I didn't like the turnover they were having in dealerships.

They had all the normal cautions in there, but it seemed like the business was riskier than most.

Alan



To: Bob Zeleznik who wrote (8)3/19/1999 11:33:00 AM
From: capitalistbeatnik  Read Replies (1) | Respond to of 696
 
Yeah, I was underwhelmed by the prospectus too, especially about the turnover in dealer membership. And there isn't much in the way of barriers to competition.

But in this market, does it matter?


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