Joe Hammer Quotations

When the IPO market tapers off, the more speculative types of issues tend to take a bigger beating than those more

We've got a decent tone to the market and a select number of quality deals are getting out. Everyone is being careful about the quality of offerings being scheduled.

Biotech is going to continue to be a good market.

People focus on the Nasdaq indices because in general they represent the kinds of companies that are coming out - younger companies,

This is a return to conventional premiums that historically are part of the IPO market. We are back to more normal premiums.

I don't think the market will burst back. It will take its time in the first quarter. This won't be a repeat of last year.