Wednesday, July 21, 2004

Sound familiar?

Over a month ago I called the LG Philips initial public offering "a suckers IPO".   Looks like the market is agreeing with that assessment.  News.com has an article around the cool reception the market is giving to the impending offering

After getting burned on a few predictions I felt like I had to show that even a blind squirrel does find a nut every now and then.

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