Facebook Price at $38 ($104Bn) - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**vosteglog** · 05-23-2012, 07:04 AM

http://www.economonitor.com/blog/201...p-its-own-ipo/ this works too, i think.. is it the same?

Yes, same one - but they cleaned up some of the language.

Since MS was the main underwriter, got any figures how much they're down since holding up the price on Friday?

In dollar terms, none - let's say (combined) the underwriters stumped up $500m on Friday to carry the stock, then dumped it Monday at $32 - the losses were lower than the revenue on the IPO itself and the trades (net/net maybe $90m or so).

The reputational damage, and cost to the organizations to get picked apart by FINRA... that's a different matter.

05-23-2012, 07:04 AM	#20
vosteglog Join Date Oct 2005 Posts 495 Senior Member	http://www.economonitor.com/blog/201...p-its-own-ipo/ this works too, i think.. is it the same? Yes, same one - but they cleaned up some of the language. Since MS was the main underwriter, got any figures how much they're down since holding up the price on Friday? In dollar terms, none - let's say (combined) the underwriters stumped up $500m on Friday to carry the stock, then dumped it Monday at $32 - the losses were lower than the revenue on the IPO itself and the trades (net/net maybe $90m or so). The reputational damage, and cost to the organizations to get picked apart by FINRA... that's a different matter. Share Share this post on Digg Del.icio.us Technorati Twitter
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