The longer it takes Navarre to come to market with a filing, the greater the risk this window of bullish Internet opportunity will close. |
The market is not going to be so tolerant of this particular offering if it is perceived that there won't be any growth. |
The price decrease shows a visible adjustment to current market conditions. |
The tech IPO market is going through a minor renaissance. This is another encouraging foundation step. |
There are more possibilities as to why this is being delayed than I think Carter's got pills, as the saying goes. |
There has been a substantial decline in the perception of the IPO investor that everything is going to out OK. The supply that exists in the marketplace is really starting to weigh heavily on what is out there. |
There is a vein of distrust in the marketplace for many big deals. They are viewed not as a safe haven, but a financial bailout for the issuers and the shareholders of the parent company. |
There's a little bit of a feeding frenzy right now. |
There's been a substantial decline in the perception of the IPO investor that everything is going to work out okay. The ones that are suspect are going to be ignored from here on out. |
There's been a wholesale shift in investor mentality. |
These are companies that lack the sponsorship for these underwritings. They come to market many, many months, if not years, before they should be coming public. |
These companies are far more financially mature, and their value is for the most part understated. The market is finally getting it. It's a delayed reaction to how the IPO markets have progressed and improved over the past two years. |
They have somewhat of an inconsistent earnings history. Since more [energy] deals are coming down the pipe, maybe you don't need to have this one. |
They're a young group and they're getting it done the right way. |
This in not necessarily a potential strong sector, but it is one that will get IPO investors interest. |