Sunday, September 16, 2007 2:43:41 PM
Hi marc. Browsing the lineups of IPO thus far- ENP appears to have the strongest numbers so far, imho.
Market Cap $522,800,000
Revenues $82,000,000
Net Income $18,000,000
Positive net income, coupled with an impressive group of underwriters, and only 9 mil shares for the offering, makes
this an attractive IPO:
UBS Investment Bank
Lehman Brothers
A.G. Edwards
Credit Suisse
Raymond James
RBC Capital Markets
Not sure if you jumped in on the first day or now, but you can see by the chart below that it's following a typical drop off in interest. This tells me to watch it on the fifth to sixth trading day for entry. You want it to turn north again on those days. If it doesn't watch it again for a turn around the 15 th trading day to see if it's near bottom, imho- before the change of anticipation which rides until the end of the quiet period on ENP scheduled for October 21st.
Market Cap $522,800,000
Revenues $82,000,000
Net Income $18,000,000
Positive net income, coupled with an impressive group of underwriters, and only 9 mil shares for the offering, makes
this an attractive IPO:
UBS Investment Bank
Lehman Brothers
A.G. Edwards
Credit Suisse
Raymond James
RBC Capital Markets
Not sure if you jumped in on the first day or now, but you can see by the chart below that it's following a typical drop off in interest. This tells me to watch it on the fifth to sixth trading day for entry. You want it to turn north again on those days. If it doesn't watch it again for a turn around the 15 th trading day to see if it's near bottom, imho- before the change of anticipation which rides until the end of the quiet period on ENP scheduled for October 21st.
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