Investors are only buying 16 percent of the company and the remaining will be held by Eaton. That's a pretty severe problem.
More Quotes from Irv DeGraw:
February is going to be an extremely weak month. But some of the companies that go out are going to be a lot more interesting and a lot more valuable.Irv DeGraw
They've got all the magic words between appliances and Linux, but there is also some meat behind this. It's not just smoke and mirrors it's a real business. We're seeing more and more of these companies moving away from ephemeral dot.com businesses and getting into real businesses.
Irv DeGraw
They have a phenomenal growth rate, attractive outlook, and an extraordinary cash burn. They are a momentum play at a time when the market is very skeptical about momentum plays.
Irv DeGraw
This was really no surprise. They have breakthrough technology and even with the boost in the number of shares sold this looked good.
Irv DeGraw
Crayfish was the last of the real loony offerings. There was a company that really had nothing behind it.
Irv DeGraw
I would like to think they can get in the 20 percent range, but with that number of shares it could be difficult.
Irv DeGraw
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