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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (1639)5/16/1999 5:45:00 AM
From: RockyBalboa  Respond to of 4337
 
Then, a humble question:

How come that coverage can be initiated on some more recent IPOs right after a few days.

Example: ROIA -a fresh IPO quote.yahoo.com

IPOes on May 6th
Coverage by NB Pru, which was amongst the underwriters on May 6th and 7th.
BTAB initiated coverage on May 12th, which is some 6 days after the IPO

RADIO ONE INC
5900 Princess Garden Parkway, 8th Floor
Lanham MD 20706 USA
301-306-1111 Fax: 301-306-9426

Underwriters
CS FIRST BOSTON CORP
BEAR STEARNS & CO INC
BT ALEX BROWN INC
NATIONSBANC MONTGOMERY SECURITIES LLC
PRUDENTIAL SECURITIES INC
ALLEN & CO INC
BLAYLOCK & PARTNERS LP
THE CHAPMAN CO
GRW CAPITAL CORP
INVEMED ASSOC INC
LEGG MASON WOOD WALKER INC
MAY DAVIS GROUP INC
PRYOR MCCLENDON COUNTS & CO INC
CHARLES SCHWAB & CO INC
STURDIVANT & CO INC

IS.com



To: Glenn Petersen who wrote (1639)5/16/1999 9:38:00 AM
From: coug  Respond to of 4337
 
Glenn,

I am now confused on this too.. I played Time Warner Telecom, TWTC,
I received an allocation.. It came out last Wednesday, Lehman Bros. was one of the underwriters according to IPO Central.. On Thursday, they came out with a "Buy"..

I'm glad, but it seemed like a 25 HOUR quiet period instead of 25 days..

Thanks...Coug