IPOs coming fast and furious
June 2nd, 2005 by brother9I’m not one for the Wall Street version of gambling, but even so I’m surprised I missed the IPO of the World Poker Tour (quote) last August. I’m sensing a beginning of a downtrend in poker, so I’m wondering if there is any value to the stock. However, they did beta-release their online poker website WPTonline.com a number of weeks ago. And we all know there are all kinds of suckers ready for an online game.
However, this month there’s an even bigger IPO - or expected to be bigger, anyway. PartyGaming expects to be the London Stock Exchange’s biggest new listing in four years. Notice that this is not a stock traded in the States.
