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Strategies for a discontinuous future.












Saturday, August 07, 2004
 


Free-Rider Problem

No one wants to test the market (especially when it keeps defying our predictions)

"...Underwriters for software maker Lindows Inc. on Friday cut the estimated price range for the company's pending initial public offering to a range of $7 to $9 a share from $9 to $11 a share.

Separately, medical-device maker Stereotaxis Inc.'s 6.5 million share initial public offering is now expected the week of Aug. 9, according to a spokeswoman at Goldman Sachs.

The Stereotaxis offering was originally expected to price on Wednesday. No reason for the delay was given.

-- umair // 12:18 PM //


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