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The IPO price is 3x earnings, that is a good number in any bodies book. I am hoping for a buy out from one of the big players.
I bought Sabre at IPO, that is working out for me. I bought AMR at $0.19, that one is really working out. Heck, I bought UPS the day the market reopened after 9/11. That one worked well too.
I like to play in the market, sometimes it works and sometimes it doesn't.
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