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Miscellaneous / g8

URL:  http://boards.fool.com/i-cant-even-front-i-havent-had-a-chance-to-do-10822973.aspx

Subject:  Re: stock decision Date:  4/30/1999  8:26 PM
Author:  bznuts Number:  22 of 33

I can't even front. I haven't had a chance to do any stock analysis this past week, so I'll concede to the group consensus. I do have one question.

SHAWN: How are you buying the shares for our investment club?

If you are using an online brokerage account like E*trade or Witt Capital I think we should definiteley think about accumulating some quick capital so that we can take advantage of these hot tech stock IPO's. Right now as we speak (or read) there are 80 tech stock IPOs on deck for the next few months. Most of the tech stocks are pricing anywhere from $16 - $24 dollars, so I realize that it will take a while to accumulate the base of ~$1800 necessary to get in on one, but the potential to more than double our base is there.

This past month Fred and I kept a log of all of the tech stock IPO's offered by WITT and hypothetically if we could have gotten in on all of the one's we targeted as good buys. Our initial investment of ~10K would have been worth ~45K at the end of the month.

just throwin' it out there for future consideration.

I guess I agree with Jaasi (i think it was you). The stock that you think will damn near double this month sounds cool. I would love to see us keep the monthly contributions coming in and then when we get near the magic ~$1800 or $2K...WATCHOUT NOW!!!
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