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Non-Tech : Delias (DLIA) -- Ignore unavailable to you. Want to Upgrade?


To: drakes353 who wrote (238)4/8/1999 5:12:00 PM
From: Tom Hua  Read Replies (3) | Respond to of 367
 
drakes, I shorted again today at 33. If past backdoor IPOs are indications, we should see some nice profits tomorrow.

Regards,

Tom



To: drakes353 who wrote (238)4/8/1999 9:40:00 PM
From: Mark B. Stutman  Read Replies (2) | Respond to of 367
 
"Should be down right out of the box in the AM. Probably get a nice, short, sharp, "last chance to short it" rally just before TURF begins trading. The people that still have not clued in to what's about to happen will actually be buying DLIA once they hear where TURF is due to open. "

By this do you mean it will drop on the open, rally before the IPO, then drop again once ITURF begins trading? Pardon my ignorance regarding IPOs, but, what is your basis for predicting this pattern? Is the bulk of the perceived value in parent transferred to the IPO?

Thank you for your patience.

MBS