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Bah, let's not player-hate. In hindsight we all wish we'd be there. Good for them, they did what good companies do: defied a trend, stuck to their guns and core differentiators, and painted a convincing picture to speculative investors that are willing to roll the dice along with the emplyees that are investing their professional time.
I say it's awesome. And admit I am envious. :-)
.....and those that got in at $13 yesterday and, I suspect, those that get in at $19 today.</noooo,>
Thank you for that article! That is exactly what I was trying to tell stevery in the Infinera Prices IPO forum. Of course this article did a much better job.
They are a technology and component company(for internal use only (TODAY)), as well as a system, system software, system maintenance and service company. It is not at all unusual for companies that do all this to have deferred revenue. As I mentioned in an earlier post, read the management discussion portion of the S1. Hopefully that will help...