Cabelas (CAB:NYSE – news – research) was the market’s biggest gainer Friday after the hunting and fishing gear retailer sold 7.8 million shares at $20 apiece in its initial public offering.
The $20 price tag was at the high end of its $19 to $20 range, which had been increased from $15 to $17. Credit Suisse First Boston, J.P. Morgan, Wachovia Securities, Stephens Inc., and William Blair & Co. led the underwriting syndicate. Shares of Cabelas were recently trading up $6.95, or 34.8%, to $26.95.
Stocks in Motion: Cabelas
Interesting that you are also technical. I have a web application I am looking at marketing. One name I had in mind was “stocks in motion” as they begin to “dance” to the market as soon as the Drag&Drop gesture is competed to our screen. Oh yea, it’s a beauty but not sure how to market. There are 23,000 investment clubs in one org (NAIC). 10% of that at $14.95 a month would be a start.
George Koller
Sturgeon Bay, WI
(30 yr software vet, “retired”)
920 746-8705