A closer-to-home example is Dick Smith t/o by Anchorage. Privatise and then IPO. Then Disaster. And I'm starting to see comparable situations with Vista/Eagleview and Spookfish t/o. It may be a reasonable assumption that Vista will try to build to an IPO for Eagleview. Then down goes another aussie (Spookfish). Vista and Clearlake Capital (Eagleview partners) want to start seeing returns because they are investment houses not technology firms. When the tail starts wagging the dog then ...
NEA Price at posting:
$2.54 Sentiment: Hold Disclosure: Held