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Cable/Video

IPO Flatliners

9:00 PM -- I didn't even notice that Entropic Communications Inc. (Nasdaq: ENTR) and Intellon Corp. (Nasdaq: ITLN) went public.

I have an excuse, since one of the IPOs came while I was on vacation. Plus, neither company exactly trumpeted its debut, probably because they went out at a disappointing $6 per share.

That's the low end of the $6 to $8 range Entropic ended up suggesting, and it's out of bounds for Intellon's $9 to $11 range. (See Entropic Wires Up an IPO and Intellon Plugs Into IPO Market.)

Shares of each company are trading between $6 and $7, in paltry volumes. They might do nice things for your home network, but they haven't set Wall Street on fire.

— Craig Matsumoto, West Coast Editor, Light Reading

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