Corey Ostman
Corey Ostman
dynamics great hard hype invest predict
The dynamics of an IPO, especially one with the hype like this one, is always hard to predict right out of the gate. But this is a great company. It's one a lot of institutions are going to want to invest in.
market wants
Semiconductors are not what the market wants to see right now.
brand example good
This is an example of a pretty good brand name. It just wasn't interesting.
hearing interested moderate reasonably sorts
Institutions are always interested in hearing about these sorts of deal. They could do reasonably well and see a moderate pop.
coming time
They are coming out at the right time in the market.
among brand decent demand developing seem
The interesting thing is that they seem to be developing pretty decent brand recognition among consumers. It does show that there is some demand for more non-infrastructure issues.
course deal expect jump
It is an NYSE deal and of course you don't expect to see a lot of jump with those.
gets given last market slow slower start year
Every year the IPO market gets off to a slow start, and given last year's performance, it should get off to an even slower start this year.
bring careful deals opportunity waiting
Underwriters are very careful now in how they bring their deals out. They're just waiting for the opportunity to bring their deals forward.
huge million sales shares
With 360 million shares you have to (have a huge sales force).
expects moving starts until
Until Nasdaq starts moving forward, no one expects anything.