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Technology Stocks : Critical Path, Inc. (CPTH) - old -- Ignore unavailable to you. Want to Upgrade?


To: Sleeper who wrote (3)3/27/1999 11:03:00 PM
From: Paul Dubsky  Read Replies (1) | Respond to of 7
 
CPTH IPO Thoughts....
Hoping to get shares of CPTH at IPO price as well. Upping the offering doesn;t thrill me (less money in my pocket), but it's good for the company to get more money in their pocket. Still think their tie in with CMGI and Etrade will be good, plus, I've read a lot about email outsourcing lately, so it'll be a hot market for sure. There's no doubt that the world is going email, so it's just a matter of who can dominate this market. I like management, CEO was former leader of Frontier Global Networks, a very good firm.

If it prices on 3/31 at $20, then look for it to open around $30 or so. With these IPOs, hang in there until after 30 days when analyst coverage and upgrades could push it to very high levels.

Other thoughts?