Next week's market is going to be big for tech companies. As long as the Nasdaq powers ahead, we're going to see more and more filings.
I think the IPO market is as strong as ever, and it's just going to keep rolling on. But the question is for how long?
People are reluctant now to buy stocks with heavy losses. If you have heavy losses, the eagle eyes are out.
Restaurant deals always do really well because the come out at different times of the year. There are very few, they are unique. I have high hopes for this one.
You are going to see the IPO market underwriters really become selective in what they let out. The turbulence really could cripple the IPO market in the short-term.
What is going to help this deal is the market for PCS (personal communications system) shares is doing very well right now.
You had a lot of foreign deals come to the United States because the valuations on the Nasdaq are pretty good right now.
There's just so much hype surrounding it. They're offering 23 million shares, but when it's finished, there are going to be 570 million outstanding. The people I speak to say that Palm could open as high as 300.
A flight to quality remains the front mission of the Street's investment banking community.
You're going to start seeing that the IPO market will get more selective.
This is the biggest IPO week in two years.
They make money. The market's going to respond heavily to this.
It represents a solid deal in an industry that's rapidly emerging. More importantly, it sets the pace for other good deals that are going to come out.
It won't have a big first day run because it's a large deal. But it is a good company with good fundamentals.
They increased this size of the offering. So there's a lot of demand for the issue, which could translate into a huge pop.
If you price it that high above range, there is hot demand. That means there was some good institutional backing to buy blocks of that stock.
This is my favorite stock of the day. They have a good underwriting team and B2B is one of the busiest buzzwords.
This is a large float of 23.5 million shares, and that's a lot to digest. Typically when you have large floats, the returns are muted. We were expecting a return in the range of 50 and 60 percent.
The GT Group is going strong in Canada, where the broadband market is hot right now. GT is definitely up there.
