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Technology Stocks : Avalon Group, Inc.
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To: Madeleine Harrison who wrote (1112)5/14/1999 10:25:00 AM
From: Eric Fader  Read Replies (1) of 1530
 
"If" there is an IPO (i.e., if the market doesn't crash, and assuming continued progress in StayHealthy's business plan, etc.), I would expect that it might be priced at $20 at least. In fact, I'd personally be surprised if that didn't happen, but obviously there are many important hoops to jump through first. No one but the company and the underwriters and analysts can accurately gauge potential demand for the stock, and it might be too early even for them.
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