Rock, Hoovers said RAC was trading, but never came up on the screen. That means 25 IPOs may trade in the next three days. I'm looking for a select group of IPOs that will open at issuance price or go lower. I like ATON, ININ, JORE, KANA, KEYN, NZRO, IWIN, and YESM. All of these should open above issuance price, but may not due to the glut on the market.
NZRO has the most eyes on it and I wouldn't be surprised at a $50 open. Don't know if it can work, but idea has me watching it closely.
ATON has SUNW has 42% of its sales so I see this a positive not as negative. Similar to PDYN connection with LU. Good for a short hold if stalls on the open.
ININ is internet/voicemail monitoring company. 200 customers.
IWIN - owned partially ATHM, increased revs, contest via internet is interesting idea.
YESM - sells ads on the net, revenues are up.
JORE makes power tools. good balance sheet, profitable
KANA a GS offering. good customer list EBAY, GAP, revenues are up.
KEYN has increasing revenues, customers like CSCO and AMZN
Hope this helps. Jack |
