The IPO Buzz: Reading the Market
There weren’t too many smiles at the IPO Corral last week, but it wasn’t a complete disaster, either. It was a classic lesson in reading the market.
There was one thing that the end of February and the beginning of March had in common. If it weren’t for the issuance of “blank check” IPOs, there would have been no IPO market.
March 6, 2006 Read MoreFebruary 2006’s IPO production line closed down early this year. The last of the month’s traffic was priced and traded on Friday, Feb. 24, 2006. That leaves only Monday evening, Feb. 27, 2006, for bankers to price anything. And in all probability, that’s not going to happen.
February 27, 2006 Read MoreFor guests checking out of the Delano Hotel in Miami Beach, the Sanderson Hotel in London or the Cliff in San Francisco, it could be expensive. The daily average room rates run as high as about $500 per day.
February 20, 2006 Read More