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Jeffrey Hirschkorn Quotes
You're going to start seeing that the IPO market will get more selective.
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Jeffrey Hirschkorn
You had a lot of foreign deals come to the United States because the valuations on the Nasdaq are pretty good right now.
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Jeffrey Hirschkorn
You are going to see the IPO market underwriters really become selective in what they let out. The turbulence really could cripple the IPO market in the short-term.
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Jeffrey Hirschkorn
What is going to help this deal is the market for PCS (personal communications system) shares is doing very well right now.
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Jeffrey Hirschkorn
This is the biggest IPO week in two years.
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Jeffrey Hirschkorn
This is my favorite stock of the day. They have a good underwriting team and B2B is one of the busiest buzzwords.
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Jeffrey Hirschkorn
This is a large float of 23.5 million shares, and that's a lot to digest. Typically when you have large floats, the returns are muted. We were expecting a return in the range of 50 and 60 percent.
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Jeffrey Hirschkorn
They went into the old clicha, owing to the market conditions. And that is basically going to hurt the market right now. That was one of the headlining deals on this week's calendar. It was supposed to price tonight through Morgan Stanley. That's definitely a setback.
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Jeffrey Hirschkorn
They make money. The market's going to respond heavily to this.
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Jeffrey Hirschkorn
There's just so much hype surrounding it. They're offering 23 million shares, but when it's finished, there are going to be 570 million outstanding. The people I speak to say that Palm could open as high as 300.
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Jeffrey Hirschkorn
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