Sal Morreale, who covers IPOs for Cantor Fitzgerald, says he hasn't heard much buzz about the Spansion IPO, which is unusual for an offering of its size.
"Usually, deals generate buzz and you hear about things going on," says Morreale. "This one has been relatively quiet."
On the other hand, Spansion recently upped the number of shares it intends to sell to the public, a sign of demand for the stock, according to John Fitzgibbon, an analyst with IPODesktop.