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To: Glenn Petersen who wrote (380)12/4/2009 11:47:12 PM
From: stockman_scott  Read Replies (2) | Respond to of 1685
 
According to Gartner, 25% of all software will be deployed with the On Demand, or Software as a Service (SaaS), model by 2011. Deutsche Bank predicts 50% by 2013. No matter how you slice it, the future of software is On Demand.



To: Glenn Petersen who wrote (380)4/22/2010 11:46:34 AM
From: Glenn Petersen  Respond to of 1685
 
SPS Commerce, Inc. (stock symbol: [t]SPSC[/t]) went public this morning. The stock was priced at $12 per share and is currently trading at $14.

SPS Commerce prices IPO within expected range

Online management software maker SPS Commerce prices IPO within expected range, raises $49.1M


On Thursday April 22, 2010, 7:15 am EDT

NEW YORK (AP) -- SPS Commerce Inc., which provides supply chain software services to businesses, priced its initial public offering within its expected range Wednesday night, raising $49.1 million.

SPS Commerce and its shareholders sold 4.1 million shares, more than expected, to initial investors for $12 apiece. The IPO had been expected to price 3.3 million shares at $11 to $13 each.

Underwriters led by Thomas Weisel may buy another 614,500 shares to cover excess demand.

The Minneapolis company's shares are expected to begin trading Thursday on the Nasdaq under the symbol "SPSC."

finance.yahoo.com