Watching The IPO Horizon Into Year-End

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By Douglas A. McIntyre Published

Get ready for the underwriting floodgates to open next week.  There are many deals that have been in the IPO hopper for weeks or months, and next week is the last week that the IPO markets will be highly receptive to underwriters.  After next week we’ll hit the Christmas, Hanukah, and New Years lull and the IPO markets (and probably the secondary markets) will begin to phase out until after the first of the year.

Some selected deals scheduled for potential pricing next week are as follows:  Affymax (AFFY), Altra Holdings (AIMC), Artest Medical (ARTE), Double-take Software (DBTK), Cal-Dive International (DVR), Claymont Steel, Guidance Software (GUID), Newstar Financial (NEWS), and US BioEnergy (USBE). 

Those are just a part of the full list, and it is likely that some will not make it out of the IPO gate before the year-end.  What is very likely is a large number of IPO’s to the tune of 5 IPO’s in a single day on either Wednesday or Thursday of next week.  But after that the underwriters will be "going dark" until January, at least that has always been the case in at least the last decade.  There may be a couple of deals that get priced after next week, but that’s about it.

Jon C. Ogg
December 6, 2006

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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