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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: STOCKaHOLIC who wrote (4060)	5/26/1999 12:52:00 PM
From: AmericanVoter	Respond to of 16809

let's say PriceLine drops to below IPO... would you buy it... I wouldn't... you see, if it couldn't sustain a reasonably high level, how do you know that it'll ever get back there again... the risk with IPOs is that it's more like a hit or miss situation, the risk with buying into a new company that is at a low after a high, is more like wishfull thinking to me... of course the same does not hold for well established companies that have been around for a long time and are actually making profits or have been in the past... best of luck amein