"People are saying it's a lousy market, but there's a huge quantity of
deals. The problem is that while investment banks are selling a
story to these companies, it's the individual investors who make up
their own minds. If these deals were just priced reasonably, it would
be a different situation." Feb
8 Washington Post
"QuinStreet has an established
business and may do well. The longer-term risk is how easy it is for ad
agencies and others to do what they doing. The problem they're
having with DeVry may be the canary in the coal mine." Feb
8 Wall Street Journal
Tesla battery-powered electric
'ferrari' IPO: "If they get the funding they need, from the IPO or
other sources, then I believe they might for a while show some decent
sales, but if the niche becomes big enough then the elephants will step
in, grow the market themselves and take the lion's share" Feb
5 Globe & Mail
QuinStreet: "the company's
growth is attracting some unwanted
attention." Feb
3 Investors.com
"Ironwood has potential as a
business, but the company is not being
'realistic'with its IPO price." Jan
29 Business Week
"They're branded
(IFM
Inv--CTC, Century 21 China) , they have visibility,
they're a player in the market.
But people are afraid their income statement will be hurt" by the
tightening of China's monetary policy Jan 28 Reuters
“The Friendfinder IPO is hot,
but not in the IPO sense. The adult
subscriber base is decreasing. Recently, sales have been flat and the
company has had difficulty servicing its heavy debt load.” Jan 25
ABC news
“IFM's valuation is roughly in line with much larger publicly traded
Chinese real estate services company E-House China Holdings Ltd, (EJ.N)” Jan 24
Reuters
“Telegent Systems Inc., a
Sunnyvale, California-based chipmaker for
mobile-TV devices, may be valued as high as $1.5 billion in a
future IPO” Bloomberg
"Investors shouldn't assume the busy week means the IPOs are good
ones. Only Symetra,
backed by Berkshire, is attractive for
investors. The true measures of the IPO market's health will come
later." Jan
22, USA TODAY
Buffett Boosts
Flowers, Berkowitz Pricing Symetra
IPO Jan 21
Bloomberg
"Symetra now has an estimated
price-to-book value of 0.85, 43%
less than the 1.5 multiple it would have based on the midpoint of the
2007 offering price." Warren Buffett to retain shares
“The fact that he (Buffett) is holding his stock is a definite plus, It
gives institutional investors a feeling of security.” Business
Week