Irv DeGraw Hares Quotations

This is a classic Internet company and they will be burning cash like there's no tomorrow. But the deal is programmed to explode on its first day with 3.5 million shares priced between $12 and $14.

I would like to think they can get in the 20 percent range, but with that number of shares it could be difficult.

This was really no surprise. They have breakthrough technology and even with the boost in the number of shares sold this looked good.