General Discussion

Tully's IPO

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NYCORLSEA
10
#1 Thu Aug 23
Anyone bullish on Tully's? The pending IPO could put Tully's on the nation's radar. Think MadDonald's v Burger King, Subway v Quizno's, etc...

Thoughts???
makemerich
10
#2 Fri Aug 24
Weren't they suppose to IPO sometime last week? Maybe they delayed it because the market bombed last week. Anyways, I think whenever they IPO, their price will be overpriced, just my thought, people will tend to sell right away. I would wait for the price to fall first, and then get in. I think long-run, they may actually do well, cuz their IPO will give them the cash to do so. Comparable to Starbucks? No way, but on the west coast they do well, operating 90 shops, and 41 franchises along the west coast, and grocery places.

I'll be watching, not buying just yet though.
callme
10
#3 Fri Aug 24
$10-$12 a share x 3,500,000 shares = $35,000,000 for a company that makes only $59M in revenues? The economy isn't going to be like this forever, come on, when things down turn, they won't be getting anywhere.
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