![]() |
|
#1
|
|||
|
|||
![]()
What would the advantage of this be for party? It doesn't seem like they would need a bunch more capital to grow into the other sectors of online gambling unless they were looking into acquisitions? What do people think would be the other areas of growth they would be looking into?
|
#2
|
|||
|
|||
![]()
aquisitions of other sites i am guessing.
|
#3
|
|||
|
|||
![]()
[ QUOTE ]
What would the advantage of this be for party? [/ QUOTE ] Theyd make a lot of money |
#4
|
|||
|
|||
![]()
There are two reasons for a company to IPO:
1) To raise needed capital to finance future growth. 2) To cash in on their equity at the peak of its market value at the expense of sucker investors. I highly doubt that Party Poker is currently lacking in capital... |
#5
|
|||
|
|||
![]()
Yes, this is a way for the owners to cash out at the peak. Party poker is right now a profitable business, but it's hard to imagine it will see substantial growth (i.e. double or triple the number of players and amount of rake) that would justify the float size they mentioned in the article.
So it's not quite as bad as buying echeesegraters.com in 2000, and it won't necessarily tank in the near future, but there will probably be better market opportunities. |
#6
|
|||
|
|||
![]()
[ QUOTE ]
Yes, this is a way for the owners to cash out at the peak. Party poker is right now a profitable business, but it's hard to imagine it will see substantial growth (i.e. double or triple the number of players and amount of rake) that would justify the float size they mentioned in the article. So it's not quite as bad as buying echeesegraters.com in 2000, and it won't necessarily tank in the near future, but there will probably be better market opportunities. [/ QUOTE ] what is a float? And what size is it? (you need to register to read the article now.) |
![]() |
|
|