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Technology Stocks : ACDO - ACCREDO HEALTH INC. -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan Boyd who wrote (3)4/14/1999 10:51:00 PM
From: Gary Metzer  Read Replies (2) | Respond to of 19
 
Jonathan et al,

Re: Is anyone doing this IPO? Why?

Made my offer to purchase 500 shares this AM. Why? Because it's there. So far, I have participated in ALL IPOs offered by Schwab since Infospace (13 total) and have made a profit in ALL of them. Even Korn/Ferry which I just sold this week for a measly $230 profit. On a total investment of $30,000 I have a profit (some realized) of $26,000 over a period of just over 4 months from Schwab's IPOs ONLY. Not too bad.

Feel even better after today's drop. Apparently rotation is going out of techs and into some of the healthcare companies. Since ACDO provides prescription needs, I think it will be looked favorably upon. However, it definitely won't be as popular as the techs (only on hold 5 minutes with Schwab IPO desk) I think it will still be profitable with low risk.

Happy Investing

Gary