Cramer Calls Up 3 IPO’s for This Week

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By Douglas A. McIntyre Published
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On tonight’s MAD MONEY, Cramer featured the IPO frenzy.

Everyone is fascinated with IPO’s, but Cramer says he will tell you which to buy and which to sell and prices to get in and out.  He will be the final arbiter on these.

This is the busiest week for IPO’s this year.  IPG (IPGP) and Guidance Software (GUID) he likes, but he really PANNED Artes Medical as too speculative………(EDIT POST 6:40 PM EST)

1) review comparable public companies; 2) See if it is a hot issue; 3) are they desperate or are they in fine shape looking for security; 4) are they late to the party and trying to catch the end of a craze; 5) decide when to sell beforehand; 6) use limit orders.

IPG Photonics: IPGP is in industrial lasers.  It trades at 35-times earnings, but it is hot because it is niche and controls 60% of the fiber lasers and the sector has lamost 40% growth to 2010. He thinks it could end up being a core tech holding for some companies and it could price higher and he would easily pay $20 per share.  If it gaps too much you have to let it slide back down.

Jon C. Ogg
December 12, 2006

Contact [email protected] for any questions or corrections.

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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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