ViewSonic Kills IPO… Trouble in LCD Land? (VIEW)

March 6, 2008 by Douglas A. McIntyre

If you have been shopping for LCD monitors or LCD TV’s, you’ve probably run across ViewSonic as a brand.  The company had been in the IPO pipeline and was going to trade under the ticker "VIEW" on NASDAQ.  It had tapped JPMorgan and Banc of America as book-runners on the deal.

ViewSonic has now withdrawn its pending IPO, citing market conditions.  The stock market has been in turmoil of course, but anything tied to LCD’s has been hot and sales there have supposedly been holding up.  Maybe its better to be a supplier to these companies, particularly on the glass side, than it is to be in selling these in a very competitive environment.

Either way, a withdrawn IPO in the LCD markets might make you wonder about the overall market for these.

Jon C. Ogg
March 6, 2008

Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.