[Even if DOV hadn't changed its S-1 at the last moment, the IPO would likely not have performed well.] It's a very tough environment for drug approvals right now, ... It might have been as disastrous without the changes. |
[Only a surge in pacifism could dislodge Integrated Defense Tech's IPO and the current war in Afghanistan will likely keep that fear in check.] Love will probably not rear its head to ruin this deal, ... We are counting on the world keeping its love in check. |
[The weakness] is surprising for a deal that's supposed to be in good shape. |
[Today, investors large and small continue to bank on Web start-ups, with little regard to profitability.] Investors continue to ignore quality, ... Rather than looking at a company's earnings, they're still looking at hype and market potential. |
A lot of people were left holding the burning carcasses of those companies. We've learned a lot in the last few years. The market has become more selective. |
Align is more of a speculative play, it's a young business and they are nowhere near profitability. But they have a unique product in a large marketplace. |
Anybody with a shopping cart, ball of twine and pen and paper could do an IPO in this market, ... Pulling your IPO due to market conditions is a pretty poor excuse - this market is as good as it gets. |
Beacon education I wouldn't touch with anybody's money, ... They've done a lot of lending to their customers. |
Given the size of Morgan Stanley's position and the impetus to sell these shares, it will take a tremendous amount of aftermarket buying to lift this deal, ... I just can't see where that will come from. |
Given the size of Morgan Stanley's position and the impetus to sell these shares, it will take a tremendous amount of aftermarket buying to lift this deal. I just can't see where that will come from. |
I don't think anything this week will have more than a small premium. |
I think there's an excitement that surrounds the whole Internet component, even though it's still not the bulk of what they do. But it also becomes an institutional darling almost immediately. |
I would have liked to have seen more of the proceeds go to reducing their debt load. |
If any sector is working right now, it's oil and gas. |
India is very suddenly a hot theme in our market. We've seen them explode quickly. But the problem is that they can cool off as fast as they heat up. |