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New IPO on the calendar!!!! (FLDM)

RE: New IPO on the calendar!!!! (FLDM)
by polopony on Thu, Sep 18 2008 1:26 PM
Stocks of similar gene sequencing companies are holding up well in this bad market.
polopony
Joined: Wed, Aug 6 2008
Posts: 6
RE: New IPO on the calendar!!!! (FLDM)
by iponewbie on Wed, Sep 10 2008 11:39 AM
They have lost way too much money this year. And also they don't seem to have a very clear plan as to how they are going to make enough profits. I'm gonna have to wait and see how they price before I do anything.
iponewbie
Joined: Wed, Jul 9 2008
Posts: 1
New IPO on the calendar!!!! (FLDM)
by billythekid on Fri, Sep 5 2008 12:32 PM
Anybody have any thoughts on this one? Looks very early stage -- only $7mm in revenue and losing money with a $400mm market cap!!!! . . . at least on the surface, it doesn't look like the "quality" IPO that one would expect in this type of market . . . Morgan Stanley is the underwriter . . . perhaps they see something I'm missing (in addition to the underwriting fees -- ha ha!)
billythekid
billythekid
Joined: Fri, Aug 8 2008
Posts: 3