Fender drops IPO

News, weather & sports

Moderators: ajish4, cjj

Post Reply
User avatar
johnhall
RIC
Posts: 3926
Joined: Tue Sep 26, 2000 11:17 am
Contact:

Fender drops IPO

Post by johnhall »

Breaking news:

http://www.latimes.com/business/money/l ... 0528.story

http://www.usatoday.com/money/markets/s ... 56356626/1

http://www.marketwatch.com/story/fender ... atest_news

After looking at their numbers I knew I sure wasn't going to buy their stock out of the gate! I suspect a number of institutional buyers, which would have been necessary for this to work well, probably felt the same. May also be another victim of the Facebook IPO debacle.

As I recall this is their fourth IPO attempt. Maybe Gibson will beat them to the wire after all!
User avatar
rickenbrother
RRF Moderator
Posts: 13098
Joined: Sun May 26, 2002 5:00 am

Re: Fender drops IPO

Post by rickenbrother »

I guess they want to avoid a big dent in the Fender!
The JETGLO finish name should be officially changed to JETGLO ROCKS! :-)
User avatar
cjj
RRF Moderator
Posts: 10900
Joined: Tue Jul 22, 2008 6:17 pm
Contact:

Re: Fender drops IPO

Post by cjj »

:roll: :roll: :roll:
:lol:
I have NO idea what to do with those skinny stringed things... I'm just a bass player...
User avatar
8mileshigher
Senior Member
Posts: 4871
Joined: Tue May 23, 2006 12:34 pm

Fender drops IPO

Post by 8mileshigher »

rickenbrother wrote:I guess they want to avoid a big dent in the Fender!
:lol: :lol: :lol: :lol: :lol:
johnhall wrote: May also be another victim of the Facebook IPO debacle.
So true ....
Post Reply

Return to “News At 11”