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Strategies & Market Trends : BAK - Investing

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To: Flipper2058 who wrote (2775)	5/23/2012 9:57:53 AM
From: cfimx	Read Replies (1) of 3249

Re: re FB - interesting to see so much blame for the FB IPO but is Morgan Stanl that may be true. but the result of their dutch auction resulted in a much fairer price to the public. those that did the homework on the company, and understood it, did very well buying in at $80. there was a guy in SF, Hambrecht, who tried to transform the IPO market into more of an auction system. I don't think he did very well. But he did take Goog public. He doesn't do that well because most companies want top dollar for the company (FB), which translates to a bad deal for the buyer.

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