Irv DeGraw
Irv DeGraw
attention company deal difficulty highly management pay risky superstar
They were having some difficulty getting this deal done because the company is very highly leveraged. It's a very risky deal, and if it weren't for the superstar management team, no one would pay attention to it.
attractive cash growth market momentum phenomenal skeptical time
They have a phenomenal growth rate, attractive outlook, and an extraordinary cash burn. They are a momentum play at a time when the market is very skeptical about momentum plays.
rebound
With the rebound in the semiconductor industry, we think it'll do pretty well.
banking confusing fiction investment science throwing week
We're having a science fiction week in investment banking land. They're throwing so much out it's confusing the market.
apply cut deals guarantee guys
I guarantee these guys cut deals that apply for years.
buying company held investors percent remaining severe
Investors are only buying 16 percent of the company and the remaining will be held by Eaton. That's a pretty severe problem.
expecting gain modest
I'm expecting a modest first day ... gain of 5 to 15 percent.
behind company last loony
Crayfish was the last of the real loony offerings. There was a company that really had nothing behind it.
deal early losing somewhat
That's a bruise, but not a deal breaker. But losing it when they did will put somewhat of a crimp in their early valuation.
affect confusing investor likely lost name people prefer relations small stock symbol
A confusing symbol or name will affect the stock if people don?t know it. It?s a little more likely it will get lost when doing research. As an investor relations guy, you want every small thing in your favor. As an investor, I?d much prefer AT&T being ATT.
attack building early linux looking market netscape potential site strategy web
It's more than just networking. What they are doing is building Linux appliances, which has real cost-saving (potential) for Web site operators. They are looking to attack the market early and hard. That was the Netscape strategy and the Amazon.com strategy.
handle prepared squeezed
They're not prepared to handle this kind of volume, and they got squeezed out by the big guys.
decent longer million outlook
There's a pretty decent outlook for the longer term. But then there's $2 million in (annual) revenues - that's not going to do it.
relatively sector small
They are in the right sector and it's a relatively small deal, so it should do okay.