Irv DeGraw
Irv DeGraw
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.
company expected growth profitable
Their growth has been modest, but it's the one profitable company expected to come out this week.
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.
apply cut deals guarantee guys
I guarantee these guys cut deals that apply for years.
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.
expecting gain modest
I'm expecting a modest first day ... gain of 5 to 15 percent.
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.