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JNI Corporation (JNIC) Message Board

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  • runlong_1999 runlong_1999 Nov 19, 1999 6:46 PM Flag

    Big D Dog

    Let me guess, you're not the type that likes to
    hear opinions that don't conincide with
    yours?

    But perhaps I should have been more clear in saying
    that it is the coverage initiations themselves that I
    don't think have much impact on the stock.

    The
    end of the QP does allow something more important to
    happen however: company news releases. I would be
    willing to bet that the pops you have experienced in the
    IPO's you've played were more often than not due to
    positive company news that came out at the same time. This
    is my opinion.

    I will continue to disagree on
    the use of strong buys on initiation. They are the
    exception. I agree with you that they want to look like they
    saw it coming to some extent, but they also don't
    want to put their necks on the line with an untested
    IPO. Remember, those brokers need to cover their $#@%$
    too. You are right that if they do come out with a
    strong buy, that does carry weight, but only because, as
    I have said, that is rare.

    With that said, I
    am going to do as you said and go get a beer. As for
    farting in your elevator, you'll have to hold your breath
    and bear it, I had Mexican for lunch.

    Good
    luck (we're on the same damn side afterall).

 

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