Mr. Lauren and his family are going to put into the bank around 450 million after this offering, which is not a bad piece of loose change.
More Quotes from John Fitzgibbon:
The Chinese market is just starting to wake up to this sector. It's a good one to watch.John Fitzgibbon
What's going on in your neck of the woods is no different than what's going on in other places,
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ON Semiconductor is going to do very, very well. It has income, it has a pe ratio.
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They've never put a dime on their balance sheet.
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The interest and the magic of the word IPO will attract people, ... But after market, it's up to Renaissance's ability to not research the stocks which it's been paid for, but to pick the right stock.
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They are going to wind up in litigation. Investors are very poor losers.
John Fitzgibbon
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