Dale, DJ News report says only one of 3 larger Goldman Sachs IPO's is out on time, HEW, just opened at about $22.
The original range was $19-$22, then they dropped it to $19 pricing, so we have a rally at open, ho ho
Platinum/St. Paul delayed, Bloomberg says due to poor market conditions
GS other biggie, relatively, Medco-Merck spinoff is delayed now, talking about tomorrow, but Bloomberg says delay due to concerns about the way Merck has handled accounting for this unit. Uh Oh.
Nomos med equipment delayed
CIT/TYCO: they have to keep Koslowski out of court to get this one out.
IPO's in this market. I wouldn't want to be a broker trying to push this paper.
BTW: Hewitt(HEW) is an outplacement firm; this was a strong market, in the tech boom day, now not so hot; lots of recruiters laid off in California; they are looking for a job.
James(wondering if reluctance to push out IPO's now means they are ready to test lows again) |
