Next week's market is going to be big for tech companies. As long as the Nasdaq powers ahead, we're going to see more and more filings.
I think the IPO market is as strong as ever, and it's just going to keep rolling on. But the question is for how long?
You are going to see the IPO market underwriters really become selective in what they let out. The turbulence really could cripple the IPO market in the short-term.
What is going to help this deal is the market for PCS (personal communications system) shares is doing very well right now.
You're going to start seeing that the IPO market will get more selective.
The GT Group is going strong in Canada, where the broadband market is hot right now. GT is definitely up there.