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To: Giordano Bruno who wrote (337318)	6/25/2007 8:33:26 PM
From: Giordano Bruno	Respond to of 436258

It didn’t take long for Blackstone Group to go to from being one of the best IPOs of the year to one of the worst. After opening up trading with a 13% gain on Friday (which incidentally, the NYSE said today, contributed to a new all-time record volume of 5.2 billion shares traded, topping the 4.2 billion on the day the market plunged on Feb. 27), shares of the private-equity firm fell 7.5% Monday to $32.44, less than $1.50 above its IPO price. That makes it the second worst IPO in the U.S. so far this year in terms of performance from the first day to the second, according to Thomson Financial, behind only Limelight Networks, which lost 8.7% on its second day. “ blogs.wsj.com