The door has been pried open for tech stocks, but it's not a welcome. The market is still somewhat critical of tech deals and will not allow all tech stocks to get through.
More Quotes from David Menlow:
This is a market that has focused more on fundamentals rather than a flash in the pan. We are seeing reality versus perception.David Menlow
Underperforming assets are not going to work in the marketplace. Spin-offs used to be desirable. Now it looks like companies want to give to the investing public divisions that they can't do anything with.
David Menlow
I think it will get a respectable pop. There's nothing but superlatives for this company.
David Menlow
Everybody knows it. It's the warm and fuzzy kind of stock and that is what people want.
David Menlow
These are companies that lack the sponsorship for these underwritings. They come to market many, many months, if not years, before they should be coming public.
David Menlow
It'll do well at the opening. The problem is people just need to understand that these are stocks that are not going to gap up and just continue to run.
David Menlow
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