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Technology Stocks : Blank Check IPOs (SPACS)

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DinoNavarre
sixty2nds
To: Triffin who wrote (3023)12/23/2020 10:12:32 PM
From: Glenn Petersen2 Recommendations   of 3862
 
Rapid growth, gross margins in excess of 70% and a cloud-based business model. Normally, the recipe for a successful IPO. I suspect that some investors are holding off because $434 million in debt is being paid down, and more importantly, 40% of the shareholders are cashing out.

ETWO will probably look better in six to twelve months. JMO
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