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> Disclaimer: it is a very, very bad idea to participate in an IPO. Don't even
> think of it. But do try to obtain the "red herring", it should be
> interesting reading. I don't work for any of these companies.
I wouldn't say it's a "very, very bad idea"...Just a very, very risky idea.
This is worse than playing the lottery. You have a very small chance of
winning big, and a very LARGE chance of losing all the money you invested.
If you play the IPO game with this knowledge, you will not be suprised
(disappointed maybe, but not suprised).
Ron
Followups to l.o-t.debate for IPO discussions....
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Message has 2 Replies:
 | | Re: Mega Bloks IPO
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| It's a shame that owning bricks cannot be considered owning stock in the company. My shares would be small, but there are those in the LUGNET community that would be the equivalent of Donald Trumps in the brick business. Todd (23 years ago, 22-Mar-02, to lugnet.off-topic.debate)
| | | Re: Mega Bloks IPO
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| I remember reading that roughly 80% of IPOs drop to less than half their IPO price within a year. Generally, not a great investment, unless it was Microsoft. (...) (23 years ago, 24-Mar-02, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Mega Bloks IPO
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| I just read on the Bloomberg news wire that Mega Bloks, Inc. will IPO and list its stock as "MB" on the Toronto Stock Exchange. The underwriters are Merrill Lynch, Canadian Imperial Bank of Commerce, and National Bank of Canada. This is big news (...) (23 years ago, 22-Mar-02, to lugnet.announce, lugnet.off-topic.clone-brands) !!
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