Hot IPOs: VISA (V) Repeat?
DAMN…I’ve been super busy..working 14 hr days for the last few days…had absolutely no energy to do sh*t…and if that wasn’t a beating enough my stocks got jabbed and jabbed and knocked out all the way down to -$2300 in YTD performance. I had great Italian at a great restaurant with 3 girls last night…a dream come true. Yet I never really enjoyed the food. All I kept thinking was “man my ass just ‘lost’ $3300 this month from my positive $1300 YTD return. I should be eating Taco Bell right now.”
Anyway, here are some of the supposedly hot IPOs (Initial Public Offering) that’s coming up. If they do as well as Visa (V) did, you’re looking at a hefty return. Visa (V) IPOed back in March at around $55 and now it’s been hovering around $83 per share.
MySQL - Most of us probably know what MySQL is. It’s one of the most popular open source database company out there. Many of the websites now run on MySQL database. I personally think this company will do very well after IPO considering its stellar performance thus far as a private held company.
SugarCRM – Another open source company that offers customer relationship management software like Salesforce.com. I know a Sr. Manager at Salesforce.com, and let me tell you…if SugarCRM does half as well as Salesforce.com, its employees will be booking their flights to the Bahamas pretty soon.
Parallels – With virtualization and automation software for desktops, servers, and alike, this company has doubled its revenues EIGHT years in a row. Now that’s a track record. Similar to the company I work for, Dreyer’s Grand Ice Cream, which got acquired by Nestle a few years ago, this company could be very competitive with its increased cash flow. You have no idea what Dreyer’s has been able to do in the past few years with its new “juice” from Nestle. Cash gives you power.