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Financial Article

Date Submitted: 02/23/2000 09:38:33
Category: / Literature / English
Length: 1 pages (286 words)
Views: 58341

Goldman Sachs is the last big Wall Street investment bank to go public. In this story they are explaining how is the timing of its IPO (Initial Public Offering) going to be affected by the market at this moment. The market at this moment is very volatile. Some people think that the market is too high and that a correction is in our way very soon. What does this means? The answer is that because …

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…financial markets. Having this in mind knowing that at this time the market is at a very volatile trend they can't afford to pull its offering a second time. In my opinion, I think the stock market still have more room to keep going up and getting in the new records at least until summer. I am pretty sure that the people that got the chance to buy this company's IPO will do really well.

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