« You Can't Tell Your Terrorist Players Without a Program | Main | Tim (O'Reilly) and Fred (Wilson) are Wrong About Pre-Roll Ads »
Latest Stories
- Bubbles are Good For You Because ... They Are
- Quote of the Day: Commodities Markets
- San Diego Homes Bottoming?
- The Myth of the Angel Investor
- Pete Peterson on Subprime, Bailouts, etc.
December 11, 2006
My IPO Resurgence Thesis Looks Like a Lock
As I have written here many times, we are in the middle of a a largely unremarked IPO resurgence, and 2007 will be the best tech IPO market since the bubble burst. You can really see the IPO market kicking into gear in the latest figures comparing pre- and post-Labor Day IPO performance:| Pre-Labor Day | Post-Labor Day | ||
| Up IPOs | 50 | 57 | |
| Down IPOs | 33 | 14 | |
| Average Gain | 4.32% | 29.3% | |
| Nasdaq Composite | 0.55% | 11.1% |
As an aside, I'm curious what the correlation is between the Nasdaq Composite and the IPO market. If, say, the index is up 5% in the preceding quarter, should you be an IPO buyer until the gains subside?
And one more thing. The hottest recent IPO has been Heely's, the roller shoe thingie. Here's a fascinating chart from Hitwise on searchers' interest in the thing:
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
Well, not wholly unremarked...I did write in February that this was going to be the best year since the bubble burst (See How the IPO Market got its buzz back at http://www.businessweek.com/magazine/content/06_09/b3973054.htm) and tried to follow up on our blog...