19 Quotes by Jeffrey Hirschkorn
- Author Jeffrey Hirschkorn
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Next week's market is going to be big for tech companies. As long as the Nasdaq powers ahead, we're going to see more and more filings.
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I think the IPO market is as strong as ever, and it's just going to keep rolling on. But the question is for how long?
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People are reluctant now to buy stocks with heavy losses. If you have heavy losses, the eagle eyes are out.
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Restaurant deals always do really well because the come out at different times of the year. There are very few, they are unique. I have high hopes for this one.
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You are going to see the IPO market underwriters really become selective in what they let out. The turbulence really could cripple the IPO market in the short-term.
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What is going to help this deal is the market for PCS (personal communications system) shares is doing very well right now.
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You had a lot of foreign deals come to the United States because the valuations on the Nasdaq are pretty good right now.
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There's just so much hype surrounding it. They're offering 23 million shares, but when it's finished, there are going to be 570 million outstanding. The people I speak to say that Palm could open as high as 300.
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- Author Jeffrey Hirschkorn
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A flight to quality remains the front mission of the Street's investment banking community.
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