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.
More Quotes from Corey Ostman:
Just because of Andreessen, this will get institutions interested.Corey Ostman
Martha Stewart has been doing this for a long time. I don't think it's a fad.
Corey Ostman
Diversity is good because you can tackle different geographic areas with a subset of properties.
Corey Ostman
Underwriters are very careful now in how they bring their deals out. They're just waiting for the opportunity to bring their deals forward.
Corey Ostman
I thought they would have a decent opening pop, but didn't expect anything this big. They are a real company, with real products.
Corey Ostman
Since we're coming out of a gap, we would like to see the deals stick with their price ranges. This would show they didn't lower their terms to get the institutions to bite.
Corey Ostman
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