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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (7936)	6/4/1999 12:08:00 PM
From: Panita	Respond to of 57584

CAIS, you can bet that when the quiet period ends in one week CAIS will rock. Underwriters priced CAIS IPO at $19. Sitting here around $10 and change makes the underwriters ( Bear, Stearns & Co. Inc. Volpe Brown Whelan & Company, First Union Capital Markets Corp., Friedman Billings Ramsey and as e-Managers(TM), Wit Capital Corporation) look like fools. They are going to support CAIS with coverage intitiation at strongh buy with a 12 month target of $35. Not doing so will make them look like crooks having priced it at $19. I would not be surprised to see a target price of $45+. But my own target is $19 (the IPO price).

To: Rande Is who wrote (7936)	6/4/1999 12:08:00 PM
From: Tae Spam Kim	Read Replies (1) \| Respond to of 57584

Hey Rande, Check out WitCapital (WITC). It may do a DLJ Direct type post-IPO rise. Big quality brand name as an internet i-bank and broker.