Priced at 15, opened 16, closed 17 7/16. 2.2M shares priced by Merril Lynch. Strong opening for the stock considering the Nasdaq closed down more than 1% for the day, -13.42, and the other IPO's today closed almost all unchanged.
Anybody else bullish on this stock?
Here's what the company does:
Versatility Inc. (formerly NPRI) is a leading provider of client/server customer interaction software that enables businesses to automate and enhance their telemarketing and teleselling capabilities. The Company's software products are designed to increase the productivity and revenue-generating capabilities of organizations operating call centers to interact with existing and potential customers.
The Company's products include desktop software applications, development and customization tools and optional server-based software services, and support a wide variety of leading computing platforms, allowing users to implement a scaleable, flexible and interoperable software solution that can be used independently or as part of an integrated enterprise-wide customer interaction implementation. Versatility also offers fee-based professional, consulting and maintenance services to provide implementation, integration and ongoing support of the Company's software products. |