To pick a fiber optic company in the IPO market now is a safe bet.
Lion was not really too big a surprise. It's a major player in its field ... the leading company in Western Europe.
We are not used to looking at a company this good.
This deal is really speculative, but the company has enough breakthrough to turn out OK.
They were having some difficulty getting this deal done because the company is very highly leveraged. It's a very risky deal, and if it weren't for the superstar management team, no one would pay attention to it.
Crayfish was the last of the real loony offerings. There was a company that really had nothing behind it.
It's an early-stage company but they have a lot of room to grow.
Their growth has been modest, but it's the one profitable company expected to come out this week.
Investors are only buying 16 percent of the company and the remaining will be held by Eaton. That's a pretty severe problem.
This is a classic Internet company and they will be burning cash like there's no tomorrow. But the deal is programmed to explode on its first day with 3.5 million shares priced between $12 and $14.