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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (938)3/26/1999 12:03:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 16809
 
Thanks Mohan. any way I subscribed. But will think 2wice fto conform (if at all I get that email). I am very wary of semi companies which are low in the food chain. The only semi companies that have done well are intel, texas inst,brcm, and some PLD cos like xylinx and altera.
majority of them still stink like atml, lsi, vlsi, siii and the list can go on. Any way will monitor reports on this stock. I dont think this is a very strong semi company. It may do well in IPO but I do not expect to double here overnite. It may give a 25-40% pop at open, but that is not enough for me to hold for 60 days. Pity thoose guys who got into fob, argy coco etc.
All i am saying that this is might not a bad company but we need to be careful and not get carried away because it is an IPO. We have to evaluate the risk of holding for 60 days vs the pop it might get at open?