Salary.com has set its IPO terms, and this is one we noted back in November. The company has set its indicated terms at 5 million shares for $8.00 to $10.00 per share.
We noted the filing back in November, and it isn’t as though it is a dud but it is hard to see exactly how this will be a huge win. Here is the backgrounder on it.
We’ll have to see how it comes out before making final judgements, but it doesn’t exactly seem like the type you’d want to have your retirement funds in.
Jon C. Ogg
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