Anything technology-related that is new is already seen with some skepticism and people are running away. It's a tough market right now.
More Quotes from Corey Ostman:
Under normal circumstances, Multilink would be the one to watch. But semiconductors got hammered last week.Corey Ostman
I would expect Beacon to trade flat. I don't know if there's necessarily demand in the market for that, but if they boost their price range at least that will show institutional demand.
Corey Ostman
Institutions are always interested in hearing about these sorts of deal. They could do reasonably well and see a moderate pop.
Corey Ostman
AOL Latin America's price dropped pretty dramatically so we are assuming the institutions are not clamoring for the issue. There doesn't seem to be that much interest.
Corey Ostman
It's very interesting to see a deal double in a really slow week like this. Because they produce components for high-growth segments of the market, this may have excited investors.
Corey Ostman
It's a totally different kind of deal. It's not a high-tech company and that's kind of a good thing.
Corey Ostman
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