Gigamon, Inc. (GIMO)

[Hoop1]

You have faster fingers then mine, lol...

I got in at 23.92

[Hoop1]

You have faster fingers then mine, lol...

I got in at 23.92

[adeezl]

Here comes the bounce off 25 lets see if we can muster 26 real quick hah.. if not i'll take the 25.50 for the other half

[adeezl]

I just had a market order setup at 8:27am EST for 2500 shares and got filled pretty quick surprisingly for once. Market heading south here just 3x.xx points up on DJI ouch

well that does it for me im out completely 25.50 and 25.25

[Hoop1]

In at 23.92. Out at 24.50. Quick 2k. I love IPO's....

[adeezl]

23.28 for me.. what you guys get

[adeezl]

23.28 for me.. what you guys get im having troubles posting today for some reason

look at her go.. im looking for 25.50 and 26

[dshade]

lol. no kidding

[adeezl]

This market is getting faded here already down 40 points from the high.. they need to open already hah..

[dshade]

trying under 22.50, if I can get some

[adeezl]

This will be a good one and a good day to IPO as well.. it should be a popular play

Im in on open I'm guessing they pump the open and it rolls 21+

[Hoop1]

First day is the best day Imo. I have made some fast gains this year on imos. Glta

[gixxer11]

I'm just very careful with IPOS the first few days

[Hoop1]

This one has lots of attention...

[gixxer11]

Will be watching to see how it trades at open - possible entry if buying looks strong

[Hoop1]

Anyone getting into this today?

[gixxer11]

Should an interesting ipo launch..

[$hylo]

Gigamon IPO: Providing Services For 60 Of The Top 100 U.S. Companies

If you flip through the pages of the IPO prospectus for Gigamon (GIMO), you can see the immediate bullish case for shares. The company highlights its market leading services that are used by top firms in the United States and around the world. Here is the list:

8 of top 10 United States banks and financial services

7 of top 10 United States retailers

6 of top 10 United States managed healthcare

4 of top 10 Global exchanges

6 of top 10 United States telecoms

6 of top 10 United States cable providers

243 of Fortune 1000 companies

60 of Fortune 100 companies

Gigamon is expected to price shares Tuesday night for an initial price offering on Wednesday. Shares will trade on the New York Stock Exchange under the symbol GIMO. Gigamon will sell 4.5 million shares, while an existing shareholder will sell an additional 2.25 million shares. The 6.75 million share IPO is expected to price between $18.00 and $20.00. After the IPO, there is expected to be 29.46 million shares outstanding. Executives and 5% shareholders will own 61.9% of the company after the offering.
http://seekingalpha.com/article/1492822-gigamon-ipo-providing-services-for-60-of-the-top-100-u-s-companies

[$hylo]

IPO Preview: Gigamon

SUMMARY

GIMO competes with ethernet switch companies Cisco (CSCO), Juniper (JNPR) and Brocade Systems (BRCD) but in a specialized vertical niche, providing enhance traffic visibility.

GIMO's sales are increasing at a much faster rate than its bigger competitors: 2012 revenue was up 43% to $97 million for 2012 vs. 2011. Revenue was up 53% to $26 from $17 for Q1 '13 vs. Q1 '12.

GIMO was profitable from 2010 through 2012, and said the Q1 revenues are almost always lower than Q4 revenues.

http://seekingalpha.com/article/1494922-ipo-preview-gigamon?source=google_news

[$hylo]

Gigamon Announces Pricing of Initial Public Offering

MILPITAS, Calif., June 11, 2013 /PRNewswire/ -- Gigamon Inc. (NYSE: GIMO), a leading provider of network traffic visibility solutions, announced today the pricing of its initial public offering of 6,750,000 shares of its common stock at a price to the public of $19.00 per share. Gigamon is offering 4,500,000 shares and certain selling stockholders are offering 2,250,000 shares. Gigamon will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders. In addition, Gigamon has granted the underwriters a 30-day option to purchase up to 1,012,500 additional shares of common stock from Gigamon. The shares are expected to begin trading on the New York Stock Exchange on June 12, 2013, under the symbol "GIMO."