Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (25139)	8/25/1998 10:53:00 AM
From: Oeconomicus	Read Replies (2) of 94695

All I get out of it is they expect the market to be up or they wouldn't plan the IPO If you mean "up" just long enough to get the deal done, I'm sure that's their hope, but if you mean an extended continuation of the bull market, why would that motivate them to go public now? Seems to me that if anyone knows the opportune time to raise the most while giving up the least, it's Goldman partners. If they thought the market would be materially higher six months from now, they would not be rushing to market in the current environment - they'd wait. BWDIK? Bob

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