Monday, July 23, 2007

Ready, Set, Go!

Semester has started. My first class is tomorrow night. I thought I'd start the week out with a post on some news items that are relevant to this week's lecture topic -- Initial Public Offerings (IPOs).
  • First, while IPOs tend to be under-priced on average, there are some dogs out there. The Wall Street Journal recently reported on two financial IPOs that performed poorly on their first day of trading (Financial IPOs Want for Love - subscription required. [UQ Library users can get the full text here]). I suppose this isn't really surprising with the turmoil in US credit markets due to the sub-prime mortage meltdown (ABC news article here).
  • And, the New York Times reports that some Italian luxury designers are considering public offerings.
For students who want some study tips, check out Diablo Valley College's Learning Styles Survey (hat tip: Lifehacker)



Anonymous Jack said...

today's class is really impressive and useful. Like the way you teach us, just as i enjoy the wine of Cal.

9:43 pm  

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