SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (7229)3/1/1999 5:39:00 AM
From: Daflye  Read Replies (1) | Respond to of 99985
 
Possible source of a Monday bounce. Remember back last spring, when the Citicorp/Travelers merger propped the market up for an extra day.
I know you do. heh heh heh.

Weekend Report: Springtime IPO for Goldman?
By Elizabeth Roy
Senior Writer
2/28/99 8:24 PM ET

The chatter on Wall Street on Monday morning will probably concern the latest issue of the New Yorker, which says Goldman Sachs may take itself public as soon as May.

Available on newsstands Monday, the magazine says an announcement is likely in March, when the Street's last major private partnership announces first-quarter earnings. Most analysts had expected the firm to wait until at least late summer, but people close to the firm say chairman Henry Paulson is eager to get the deal done, according to the article.

With exquisitely unfortunate timing, Goldman began taking steps toward an IPO in late July, only to pull the offering in late September as stock prices tumbled from their midsummer highs.

D