» Email This Article to a Friend | Del.icio.us | Digg This | Slashdot «
Visa IPO Tomorrow? Or maybe not…
March 17th, 2008
Visa's IPO which was predicted to be going off tomorrow (Tuesday, March 18th), may be pushed back because of the Bear Stearns casualty.
According to The Disciplined Investor "Unless the lead underwriters - JP Morgan and Goldman Sachs - are completely deranged and masochistic, Tuesday is not going to be the best day to attempt to bring history’s largest IPO to market."
Banks, especially JP Morgan have a lot riding on the success of this IPO, so it would be reasonable to assume that they will indeed push it back to a day that will be much less volatile than tomorrow is predicted to be.
» Email This Article to a Friend | Del.icio.us | Digg This | Slashdot «
Entry Filed under: News




No Comments yet (Add your own)
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed