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Lou v. Elliot: Rackspace IPO

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Posted by whirbot 142 days ago (http://feeds.feedburner.com)

Category: Articles | Tags: Transactions

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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