Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?

To: rdmsqito who wrote (2631)	5/13/1999 9:48:00 PM
From: Jay k.	Read Replies (1) \| Respond to of 15145

Got this from the ALOY thread: I am starting to get impressed with the potential of this company and its target market. Anybody do a comparison to ITurf yet? Alloy is pricing their shares in a range of 10-12 (initially) and it has about 14,000,000 total shares outstanding, giving it a market cap of around $170,000,000. This valuation places a Price/Sales ratio of about 17X on year-end revenues of $10 million. ITurf has only about $4 million sales in its last year-end period, with a Price/Sales ratio of over 100X at its market cap of over $600 million. If the market give Alloy the same type of valuation, then it should trade up to around $70 a share. Any opinions on Alloy's potential and that compared to ITurf? I'm getting excited. With 170 million market cap and small float this thing could potentially fly tommorrow.

To: rdmsqito who wrote (2631)	5/13/1999 9:51:00 PM
From: Shadowed	Respond to of 15145

I didn't think you could either! However, I did not have enough cash to cover this IPO this A.M. I had to sell a small position to free up cash. I can't explain it. Anyone got any insight?

To: rdmsqito who wrote (2631)	5/13/1999 9:54:00 PM
From: sjemmeri	Read Replies (2) \| Respond to of 15145

I had 5:03 IOI for 2 accounts (both in my name). I got 100 share in 1 account that's never gotten shares before (IRA) and nothing in the account that I've been flipping. I'm not going to read too much into this but ETrade keeps you guessing. Oh yeah, plenty of cash in both. I thought I might double dip this time. WRONG!