Vonage IPO - LOL
Registered User
Joined: May 2004
Posts: 5,094
Likes: 6
From: Vienna, VA
I kinda figured that if I had the opportunity to "get in" on the IPO, people more knowledgeable than myself had passed on it.
That's always a good thing to consider with IPOs. If the financial institutions and the underwriters don't want all of the shares, don't opt in.
All in all, offering shares to customers was a good move from their perspective. The IPO was successful.
Note: An IPO is successful if the shares are all sold (and it looks like they were). An IPO that has shares double in the first day of trading is a FAILURE. That doubling represents additional funds the firm COULD have raised, but didnt'.
That's always a good thing to consider with IPOs. If the financial institutions and the underwriters don't want all of the shares, don't opt in.
All in all, offering shares to customers was a good move from their perspective. The IPO was successful.
Note: An IPO is successful if the shares are all sold (and it looks like they were). An IPO that has shares double in the first day of trading is a FAILURE. That doubling represents additional funds the firm COULD have raised, but didnt'.
Thread Starter
Joined: Oct 2000
Posts: 17,288
Likes: 39
From: Nashville
Originally Posted by gosixers215,Jun 14 2006, 09:36 AM
They should put all of their investors in a big room with a ticker on the wall, lock all the doors, and play that stupid song from their commercials.
wooooooo whoooooooo woooooooo whoooooo whoooooo......
THANKS!
you going to carlisle this saturday Nigga?
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