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Lou v. Elliot: Rackspace IPO
Posted by whirbot 96 days ago (http://feeds.feedburner.com)
One of the issues that came up in the metrics that matter panel at HostingCon was the Rackspace IPO. Rackspace's Red Herring estimated a $12-$16 price. Lou Honick believed that the IPO would price out in the higer range ($14 to $16) Elliot Noss in the lower range ($12 to $14). Each bet $500 on their position. Based on a final price of $12.50 (and falling), I say that Lou needs to fly up to Toronto and deliver the novelty check in person.
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