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Technology Stocks : ESpeed, Inc. (ESPD) IPO set for early December

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From: CFA2/24/2005 1:46:21 PM
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Just took a small position in ESPD, at $8.57.

Looking for $12+/share within 18 months.

Company seems to have been hit by news that will hurt short-term results.

I'm willing to take a risk on a turnaround, as almost 50% of the market cap is made up of cash ($225MM cash, $480MM Market Cap) and the company generates positive cash flow.

Any thoughts?
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