Red Herrings & Blue Angels

[Fiona Shnapple]

When to go Public, when to IPO, or sell your company to the public
through an initial offering of stock, is a tough call. Of course, you
want to get the best price, but, and Facebook's disaster is a good
example, you need to price it right or you will either watch it plunge
after the IPO (and usually you remain a large holder of the stock) or
take off like a rocket, and you can't sell yours and grab a quick
profit. So best to get it underwritten by a smart and savvy group of
firms, let the one with the best customer base and sales force take
the lead position.

In the stages leading to the IPO, before the red herring is sent out
to prospective investors, you will watch the market closely paying
particular attention to the PE and the PEG, projections for indexes
and for companies in your business.

You may be approached by an ICE, who may want to buy your company in a
private deal, or you may find advantage with a private placement.

So all these UWS folk are talking this talk, but do they know what the
heck they are talking about?

Greed and Financial Illiteracy are Inherent Vices?


http://blog.yardeni.com/2011/10/s-500-blue-angels.html
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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l