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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?

To: john shoemaker who wrote (2665)	4/21/1999 2:21:00 AM
From: wellab1	Read Replies (3) \| Respond to of 4467

Street.com art.about funds jumping into Internet buying opportunity fnews.yahoo.com I like especially statement of Emeric McDonald, director of research for Amerindo Technology Advisors, which manages the Amerindo Technology fund. Quote: "McDonald also notes that newly public Internet companies are hitting market capitalizations of $1 billion to $2 billion before even the first research reports had been issued. Another sign, he says, is how Internet IPOs are slated to go public at 12 to 14 but get priced at 24, and then open at 60 before closing at 80 on the first day." Why? Because it is almost word for word what I said 20 days sooner in my first post here(2477) in regard to opportunities SFE presents for getting early on their IPO's. Quote: "Take company X .You will receive rights to buy it on the first pricing of eg. $10.You got it.Now the Investment Banker will start to spinn it.Week before first trade he will rise the price to $ 15 ,two days before to $19 and on the eve of trading to $ 24.First day pop on the board is to $50.You got yourself a 500% gain " My whole article below.I am taking out reason :"SFE as a safe harbour in times of downturn" after recent development (although Fool's article is describing SFE as one of safest Internet plays long term) Message 8654957 Wellab