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

To: Rookie who wrote (4263)	5/29/1999 1:13:00 AM
From: Kaliico	Read Replies (3) \| Respond to of 16809

I am no oracle, but WITC ipo good? After my experiences with them over the last year, i would have to say "street karma" says it pops at the open but within 60 days you can buy it at half off the strike price. Institutional buying in the short term keeps IPO's afloat, what's Wits business model? IPO's for the masses. Who in their right mind would do general trading at Wit until they upgrade? If their IPO pops, great good for those who have the faith. I base mine on what i know, what i experience, and i have experienced nothing but complete an utter unprofessionalism from Wit since day one. Until they change/upgrade , they have little value IMHO. The street knows this, the institutions know this. Good Luck MJY