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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (119314)9/16/2009 1:14:34 AM
From: GuinnessGuy  Read Replies (1) of 132070
 
Mike,

Big IPO coming up on the 24th of this month. If you'll recall, I've posted some gut feelings about energy storage and how I think it's eventually going to make the data storage market look small in comparison. A123(symb: AONE) is going public on that day. Their lead underwriters are none other than Goldman, Sachs and Morgan Stanley. Should be interesting. There are some parallels between A123 & BRCD, and ALTI and ANCR. Maybe.

The IPO was announced on Thursday and about that time ALTI trading volume really picked up. On Friday the price followed and was up 30% or so. It has since settled back a little bit. Anyway, looks like a good risk reward play. And who knows, maybe ALTI, like ANCR before it, will announce a big OEM customer on the eve of the IPO(i.e. ANCR announced the SUNW deal five days before the BRCD IPO).

craig
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