The Sun

  February 9, 2000    Sunnyvale, California  Since 1994

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    Manoj Thawani


    Initial Public Offerings

    In the frenzy to grab hold of IPO stocks, the rich are still getting richer


    The office in Manoj Thawani's North Sunnyvale home feels sparse; only the necessities fill the room: a computer work station, a book shelf. But the two chairs parked in front of his PC are surprisingly well-stuffed and comfortable. As his modem makes a noisy connection to the Internet, Thawani explains that nearly every day he or someone in his family sits here, trying to get into two or more investment deals. On a good week, he hits one of more than a dozen he tries for. The money he makes from those few he lands is very good. Last year, he says, he made 200 percent on his investments. The offerings are hard to come by. Because the money can be so good, more and more people are lining up to get in on the investments, and every week they get tougher to land.   More

    News

    School Improvements

    District Board approves sale of bonds to fund renovations, construction.
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    National Job Shadowing Day

    Middle school students spend a day exploring career choices with city officials.
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    Security Checks

    Sunnyvale Public Safety offers free residential and commercial inspections.
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Cover Story
IPO stock trading leaves some people rich while other are left to wonder

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