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Covering the IPO Market from A to Z
...with Francis Gaskins
IPO CORNER

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IPO CORNER

By: Francis Gaskins, Aug 17, 2007

137 archived Pre-IPO analysis from Jan 1, 2007 plus all from May, 2006: grading, scoring & more

Use Edit/Find in your browser to search by ticker…for an archived report

> Two weeks ended Aug 17, 2007, includes VMware
VMW plus CCSM, CPIX, CROS, DMAN, EJ, HIRE, KGS, MASI, MELI, PRGN, TULY, WX, ZINC

> Week ended Aug 3, 2007
AMCA, CXO, DM, G, NDMX, SCMP, VRTU

> Three weeks ended July 27, 2007
AIRV, BLOG, DHX, EBTX, HGG, LIMC, LULU, MF, NZ, OWW, PWRD, REXX, SGLP, TYPE, VOLT, VR

> Five weeks ended July 6, 2007
AUTH, BIOF, BWY, BX, CRE, DDUP, FBCM, INFN, LLNW, PPO, PRO, RGDX, SCOR, SEP, SHOR, SPRD, STAR, YGE

> Four weeks ended June 1, 2007
ACM, BGS, BIOD, CAP, CLNE, CLR, CSUN, ENOC, EURX, FOLD, GLRE, HLCS, JAZZ, JMP, LDK, PINN, PODD, RRR, SIRT, SKH, SLH, TRS, TTGT, TTPY

> Five weeks ended May 4, 2007
ATV, CAVM, CNK, COMV, DEEP, EDN, IBKR, NGSX, OCNF, OREX, PCS, QXM, SCR, VRAZ, VRUS

> Four weeks ended March 30, 2007
ARUN, BBND, CLWR, CPHL, CPLP, CQP, ETEL, FCSX, FIRE, FSR, GLUU, GSIT, SENO, SMCI, TCM, XFML

> Four weeks ended March 2, 2007
ARAY, CEL, CHIP, FIG, JASO, MLNX, NCMI, NGLS, OPTR, OPXT, PRTS, QRR, ROSG, SDXC, SLRY, SNTA, SSRX

> Five weeks ended Feb 2, 2007
AHII, AVAV, DEP, EIG, LGCY, MIPI, MMPI, MVO, OCLS, XTNT

 

================
IPOs Dec 11 2006wk

  • Performance, grading & scoring week ended Dec 8, 2006
  • IPOs Dec 4 2006wk

    IPOs Nov 27, 2006wk

    • IPO reports— NTLS

    IPOs Nov 20, 2006wk

    IPOs Nov 13, 2006wk

    IPOs Nov 6, 2006wk

  • IPO reports— ACA, ACTV, CSIQ, CPLA, KBW, MBLX, OB, PHYS,THRM
  • Performance, grading & scoring week ended Nov 3, 2006
  • Aftermarket performance: top 10 & bottom 10, of last 100 IPOs
  • IPOs Oct 30, 2006wk

  • IPO reports—GSAT,IPHS,ORBC,RRST
  • Performance, grading & scoring week ended Oct 27, 2006 Audio commentary
    spreadsheet comparisons
  • IPOs Oct 23, 2006wk

  • IPO-reports— ACHN, CADX, CPRX, DEI, EROC, GHS, HMIN, OPTM
  • IPOs Oct 16, 2006wk

  • Friday October 13 update with trading prices: APKT, EHTH, SAI
  • IPOs Oct 9, 2006wk

  • IPO reports—APKT, EHTH, II, SAI, ULTR
  • IPOs Oct 2, 2006wk

    September 29, 2006
    Updated reports on Bare Escentuals (BARE)& Shutterfly (SFLY)

    IPOs Sept 25, 2006wk, $1 billion
    . IPO Hardball! Radio show (click)
    . IPO reports—Adcare,BARE, CBF, EVEP, ICFI, IMRX, MR, OFSI, SFLY

    IPOs Sept 18, 2006wk, $2 billion
    IPO reports-CVLT, DIVX, HWR, HDIX, PBIB, RVBD, WCRX

    Sept 4 look ahead
    IPO reports in process, eight (8) upcoming IPOs with 10% or greater after-tax profit margins
    IPO reports -- CXP, NMX, APKT, DIVX, BARE, KBW, EHTH, LGNX, LOCO, NTK, VCG

    IPO September 4 week
    New Oriental Education(EDU)

    IPOs three weeks ended August 14
    INWK, AYR, EVR, GNC, MTRO, QI, ACCI, BGHI, OSIR, SCA

    IPOs July 24, 2006wk
    Alien Technology (RFID), Chart Industries (GTLS), CHG Healthcare (CHGH), Crystal River (CRZ), GeoMet (GMET), WNS Holdings (WNS)

    IPOs July 17, 2006wk
    Atlas Pipeline (AHD), NewPage Holding (NWP)

    IPOs July 10, 2006wk
    Allied World (AWR), Cowen Group (COWN), Valero GP Holdings (VEH)

    IPOs June 26, 2006wk
    Aventine (AVR), Gordon Biersch (BIER), Gmarket (GMRK), J Crew (JCG), Omniture (OMTR), Replidyne (RDYN), Wintegra (WMTG)


    More archived IPO Corners

    By: Francis Gaskins, IPO week of June 26, 2006
    See this week’s pre-IPO valuation ratios (click)

    And read the Pre-IPO Aventine (AVR) report

    Aventine's financial performance is heavily dependent on Ethanol spot prices which were

    . $1.61 on March 31, 2005

    . $2.30 on March 31, 2006

    . $5.00 on June 23

    Currently, 101 ethanol bio-refineries nationwide have the capacity to produce more than 4.8 billion gallons annually. There are 34 ethanol refineries and seven expansions under construction with a combined annual capacity of more than 2.2 billion gallons.> Ethanol gets pricier but could plummet next year

    > IPOs crop up on interest in ethanol (click)

     

    ==========================================

    Previous archived pre-IPO analysis, grading & scoring

    Week ended June 23

    Home Bancshares (HOMB)

    Techwell (TWLL)

    Hexion (HXN) postponed, find out why

     

    Week ended June 16

    VeraSun (VSE)

    Houston Wire & Cable (HWCC)

    Golfsmith (GOLF), Synchronoss (SNCR), Volcano (VOLC), Verigy (VRGY)
    . VRGY: Compare & contrast

    . Gross margin & profit margin percentages

    . Notice VRGY is at the bottom of the pack (click)

     

    June 7 LoopNet (LOOP), notice 'compare & contrast' with competitor CoStar Group(CSGP):
    May 26 Mueller Water Products (MWA)


    Week ended May 22, 2006
    Vonage (VG) the biggest disaster
    . VG click for chart
    . VG pre-IPO report
    . VG radio show
    Mastercard (MA)
    . MA pre-IPO report
    . MA radio show

    Week ended May 19
    Burger King (BKC)
    Darwin Prof Underwriters (DR)
    Penson Worldwide (PNSN)

    Sponsored by AmeriChip click for more
    Analysis, pre-IPO grades & scores available to IPOdesk.com DesktopPass subscribers
    For a free DekstopPass Trial go to http://IPOdesktop.com & email



        Media Quotes
    aa-module-media-quotes.htm BloombergTV: Social Networking

    Fox Bus NewsTV: China IPOs

    BloombergTV interview
    Skype-hype & the IPO Market


    Reuters TV interview: FriendFinder (FFN) Jan 25

    "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

    "Five IPOs are scheduled for (this) week — that's high for January"
    Investor's Business Daily


    "There's quite an appetite right now for profitable companies"
    IPO comeback in 2009 sets stage for busy 2010

    "It's a public drilling fund with no tax advantages," he said. "They'd better find oil soon and fast."
    referring to Cobalt Energy (CIE)

    Over 500 More Media Quotes & Appearances  go there now 
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