Corey Ostman
Corey Ostman
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.
company deals decent market revenue sort tech
The market for tech deals is sort of on-again, off-again, so you've got to look at the fundamentals that they have decent revenue for a company this size.
coming deals lower price since stick terms
Since we're coming out of a gap, we would like to see the deals stick with their price ranges. This would show they didn't lower their terms to get the institutions to bite.
course deal expect jump
It is an NYSE deal and of course you don't expect to see a lot of jump with those.
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.
deal huge movement price size sort
For the size of the deal, it did fantastic. That's a huge deal so to get any sort of price movement is great.
given imagine investors welcome
Given the skittishness I would imagine a lot of investors would welcome this.
footing provide sort
If we see more techs do well this will provide some sort of a footing for the IPO market.
market wants
Semiconductors are not what the market wants to see right now.
demand odyssey unknown
Odyssey is in wait-and-see mode. It's kind of unknown what the institutional demand will be.
again good last reasonably run technology wait
Technology had a reasonably good run on the Nasdaq last weekend, but once again it's really wait and see how they price.
far good high moment tech
AFC is as far away from high tech as you can get. At the moment that's a good thing.
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.