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


To: caly who wrote (22)3/20/1999 1:17:00 AM
From: Kelly Strader  Respond to of 696
 
After spending about 30 min. to get in to schwab and talk to the man, we spoke about demand at the end of the conversation. I made some mention of the wait time and he said that AWEB seemed pretty popular or words to that effect.

If they sell 4.9 MM shares at $10 would'nt that put them positive against their $11 MM loss? So they would be up 35 MM for the year. If netscape had just taken 1/2 their money from their IPO and made an investment company. They would not be a part of AOL today.
Oh well
Good luck to all.

Look on the briefing.com site under Story stocks for 3/19 for recent internet IPO performance. It looks like you can make at least 100 to 150 percent the first day. Not bad for a phone call.