| As lawyers prepare their briefs and vote counters try to determine what a
vote really is, the markets seem to be very clear: IPOs are dead.
So far this week, IPO activity has been almost a flat-line. The only tech
IPO that is worth mentioning is
Novatel Wireless.
Yesterday, the IPO gained $1 to $9. But consider this: The IPO range was $10-$12.
The company is a leading developer of wireless modems and has a clientele
that includes Palm, Handspring and Hewlett-Packard. Unfortunately,
Novatel's gross margins are nearly nonexistent. For the first nine months
of 2000, revenues were $33.4 million and losses were $30.3 million.
Barren - RSS Archive::
Offices must be barren, desert-like wastelands, devoid of water. How else would one explain the office aunty who has not one, but two giant jugs of water,
http://www.topblogarea.com/rss/Barren.htmHOME |
Setsuwa Majikku - Barren Desert::
Relos was beginning to wonder why he had decided to go to the desert. Sure he wanted a break from Kousetsu, but the desert what just too much.
http://setsuwamajikku.proboards106.com/index.cgi?board=wd&action=display&thread=528&page=1HOME |
As for next week, the IPO market will be a ghost town. Then again, the week
will be shortened because of Thanksgiving.
Of course, Thanksgiving is not a factor overseas. There are, in fact, a
variety of foreign companies ready to go public next. The problem is that
they have not filed with EDGAR. So, it makes it very difficult to evaluate
the investment.
But there is an interesting company that might do well next week:
Alliance Fiber Optics
Products.
Yes, fiber optics.
The company is a developer of fiber optic components and modular solutions
for top telecom equipment manufacturers. The product line is extensive:
interconnect systems, couplers and splitters, thin film DWDM components and modules,
fixed and variable optical attenuators, and depolarizers.
YouTube - A T H W A R T - "Into The Barren Desert" Live ::
cellpadding=0 cellspacing=0>YouTube - A T H W A R T - "Into The Barren Desert" Live A T H W A R T - "Into The Barren Desert" Live 23/06/2007 3 min 18 sec -
http://url?q=www.youtube.com/watch%3Fv%3DKSzMTGaotJI&sa=X&oi=video_result&resnum=76&ct=thumbnail&usg=AFQjCNEa2A4p41u43I2oxVRcqJrFpShp_Q> | |
No question, the market is massive. A study shows that optic component
sales will soar from $6.6 billion in 1999 to $22.5 billion in 2003.
The company has an advanced vertically integrated manufacturing system. It
helps to develop products efficiently and in volume quantities. Customers
include Alcatel, ANTEC, Avanex, JDS Uniphase, Marconi Communications,
NORDX/CDT, Ortronics and Tyco Electronics.
The lead underwriter is Merrill Lynch and the price range is $11-$13 (the
company plans to issue 4.5 million shares). The proposed ticker symbol is AFOP.
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Barren Desert