Clearwire.....

[noobtrader]

Does anyone know when Clearwire is suppose to IPO? Cramer said next week but I can not find anything on it anywhere

[bahroor]

this was withdrawn in '06, then re-filed last December.
i dont think a date is set.

"Wireless broadband network operator Clearwire announces terms
2/13/2007

Clearwire, operator of next generation wireless broadband networks for over 188 thousand subscribers, set the terms for its IPO on Tuesday. The company plans to offer 20 million shares at a range of $23-$25 giving it a proposed market cap of $480 million. Merrill Lynch and Morgan Stanley are the underwriters for the deal.

[aiki14]

My Merrill guy called me to see if I wanted in on this and I said no. I just don't see enough of the things I need to pull the trigger. He also has IBKR which is the interactive brokers IPO, that one I am giving some consideration.

[noobtrader]

when are they suppose to IPO and how u get in on them if you have a online brokerage account

[aiki14]

when are they suppose to IPO and how u get in on them if you have a online brokerage account

I don't have the dates, and sadly it's unlikely you can get in any of the IPO's underwritten by the big B/D's. And if you can it's likely to be one you wouldn't want to get in on. 20 million shares of a hot IPO would be swallowed by Goldman's or Merrill's regulars in a second.

[noobtrader]

so basically ill have to wait to get in early that morning when the market opens

[aiki14]

so basically ill have to wait to get in early that morning when the market opens
Or open an account with a full service broker and then qualify.

[aiki14]

Here is what the SEC has to say on why the average investor can't get IPO shares.
http://www.sec.gov/answers/ipodiff.htm