Irv DeGraw
Irv DeGraw
company field leading lion major player western
Lion was not really too big a surprise. It's a major player in its field ... the leading company in Western Europe.
number percent shares
I would like to think they can get in the 20 percent range, but with that number of shares it could be difficult.
break deals last market next past run sector seen strength week
We haven't seen as many of those break through deals the past two weeks, and next week is going to be more of the same. But there's a lot more strength in the biotech market than the last two week's run on the sector would indicate.
company looking
We are not used to looking at a company this good.
good left life networking optical production second
I think there's still some life left in these second-tier optical networking sector. And by (saying) second tier I'm not being disparaging. They don't have breakthrough technology; they're just good production people.
behind giant player substance
Here comes a player that's got some substance behind them and it's not a giant deal.
area commodity highly industry quickly
This is a highly competitive area -- it's a commodity business. The industry is very quickly getting over capacity.
burning cash classic company deal explode internet million programmed shares
This is a classic Internet company and they will be burning cash like there's no tomorrow. But the deal is programmed to explode on its first day with 3.5 million shares priced between $12 and $14.
market reason rhyme washed
The market is just washed out right now. There's no rhyme or reason to the valuations.