Irv DeGraw
Irv DeGraw
attack building early linux looking market netscape potential site strategy web
It's more than just networking. What they are doing is building Linux appliances, which has real cost-saving (potential) for Web site operators. They are looking to attack the market early and hard. That was the Netscape strategy and the Amazon.com strategy.
buy five four stock
This is the kind of stock you buy and put away and in four or five years you'll be very happy.
behaves concerned positive surprised
This is a wait-and-see for us. We are not surprised by a positive first day but are most concerned with how it behaves after the first day.
handle prepared squeezed
They're not prepared to handle this kind of volume, and they got squeezed out by the big guys.
behind company last loony
Crayfish was the last of the real loony offerings. There was a company that really had nothing behind it.
deal early losing somewhat
That's a bruise, but not a deal breaker. But losing it when they did will put somewhat of a crimp in their early valuation.
appliances behind businesses companies ephemeral magic meat moving seeing smoke words
They've got all the magic words between appliances and Linux, but there is also some meat behind this. It's not just smoke and mirrors; it's a real business. We're seeing more and more of these companies moving away from ephemeral dot.com businesses and getting into real businesses.
company fiber market pick safe
To pick a fiber optic company in the IPO market now is a safe bet.
rebound
With the rebound in the semiconductor industry, we think it'll do pretty well.
buying company held investors percent remaining severe
Investors are only buying 16 percent of the company and the remaining will be held by Eaton. That's a pretty severe problem.
deal good hope scholars-and-scholarship solid
If you're a good deal you're going to get done. If you're not a good, strong, solid deal, there's no hope for you.
closer deal fair jump million pricing share
If this were a 10 million share deal you'd see it jump all over the place, even in this market. With a deal of this size, pricing is much closer to fair market.
banking confusing fiction investment science throwing week
We're having a science fiction week in investment banking land. They're throwing so much out it's confusing the market.
buy clue difficult investors notorious paper people retail
Retail investors are notorious for not getting paper filings because they are difficult to obtain. Most people buy something with no clue as to what they are buying.