At 11:21 AM +0300 6/26/03, Danny Van den Berghe wrote: ... >As for the price shooting up and collapse next, that's something you have >not so much control over.
I disagree. There were MANY obvious signs that many IPOs were initially underpriced, and this underpricing was used as a way to compensate/retain good customers such as eBay's Meg Whitman, so brokerages were aware of the phenomenon and had plenty of control over it (and who benefited from it -- not just Meg!). >It could have happened to TGC shares as well. >Once your stock starts trading, it starts a life of its own. If there are >enough crazy investors that start bidding ridiculous prices to snap up more >shares, the price will rise fast, and next sellers come in to take the quick >profit, and the stock price collapses. We'll see how orderly DBourse's disorderly market becomes...So far, it is a _LOT_ less exciting to be a first week TGC shareholder than a RedHat or VALinux shareholder, though! ... > >I don't think the profit margins of casino's are so much of a secret. >Moreover, in case of an electronic casino, you know exactly the profit >margin of each game , as it only depends how you program them. Recall one of the robots actually got about 50 grams AHEAD on "Joker Poker"! I think it's a bit more of a black-art than outsiders might suppose... >The only information that will be of interest to the competition is the >turnover your casino is making, as that will allow them to see whether they >are gaining or loosing market share. I think they'd also be interested in the absolute size of turnover, which is why FUNBONDs never revealed that number. ... >> Yes, but no company really "needs" a particular exact quantity >> of marketing, for example. > >That's a different thing. Ads costs money, for which there's no actual known "need," and money (which is fungible stuff) is what IPOs raise! JMR --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
