Candygram

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Tumi Raw Notes

It’s been a busy few weeks in IPO land and we are working hard to keep up. The market can offer and price deals faster than we can complete our typical analysis and financial model. So we are doing a series of posts with just our raw notes from the roadshow presentation. This is our…

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How do we prioritize companies?

People have been asking more about which companies we analyze and publish on. How do we choose? We put all the deals into our “pipeline” spreadsheet and do an initial ranking of “high, medium or low.” Step One: Building the Pipeline Here are how the initial rankings are set: High – Growth and technology companies….

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A moody market so far in 2012

We’ve seen a few deals price so far this year and their highly variable performance points to some investor biases that are in force as we start the year: They biofuel bandwagon appears to be out of gas. Renewable Energy (REGI) was the first deal priced in 2012 and came in below the range and…

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January Candygram

We just published our January Candygram which takes a look at performance for the year just ended and includes the usual review of filings, pricings and performance for December. In terms of our class of 2011, the average deal is down 13% from where it priced. (Remember we track only growth names and avoid banking,…

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2012 begins with better access

Happy New Year to everyone out there in candyland! We are in the midst of a big changeover to make our content much easier to access. Please pardon us if you have some trouble with the site this week. Everything should be squared away by the end of the week and our process is to…

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Tech IPOS Are no Bust – and That’s What’s Awesome!

I was stunned to read a long and silly post by technology gadabout Jason Calacanis today. In it he basically says that the technology IPO market is just a ticket to the poor house for retail investors. It always amazes me when someone with a fairly large readership and a brain publishes an article with…

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IPO Market Update Week of June 13th

A few quick updates and prospects for this week: Last week Fusion-io (FIO)  priced above above the revised up range and settled in at the $24 level. We like the company but our IV remains $22 so at this point the fundamentals are reflected in the share price. The only other pricing was Taomee Holdings…

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Candy or Bubble Gum?

[This is the full text of our bi-weekly Candygram. See the Candygrams page for the full PDF with more tables.] The IPO market is humming along pretty well and it’s hard not to notice the continuing emphasis on mobile and Internet technology companies, particularly from China.  The recent pricings and aftermarket performance of Qihoo 360…

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Back in the Candy

[This is the text from our April 19th Candygram. The full report with tables is available under the “Candygrams” tab.] We wrote about a “resurrection” of the IPO market at the start of the month and we’re feeling “prophetable” right now (sorry!)  We had a number of solid pricings and good after-market trading on deals…

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Time for Easter?

A rebound in the markets has many thinking we may be heading for a “resurrection” of a robust IPO market in the coming weeks. The IPO market is moving along, although some of the larger deals — like Apollo, HCA and GNC — are just too boring to be considered IPO Candy.  However, a few…

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