Anyone have info or buying VISA (V) in ipo on wed?
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Originally posted by robby_moriniYou can find some shares, but they will be very limited. If you have a good relationship with your broker, he/she can point you in the right direction. I heard about $44 a share if you can find some.
Will be interesting to see how it moves in the current market. GL if you get anyCan Barack tell me what a "typical" white person is please?
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I would wait about a month or so just so the hoopla dies down.
MA (Master Card) is still cheap.
I would buy them and hold it for a long time. Have some MA right now.Last edited by thaikarate1; 03-19-2008, 01:57 PM.
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IPO history was made today with Visa's (V) record $17.9 billion offering. At $60 per share (where the stock opened in the secondary market), Visa's market cap is $58 billion. Below we highlight a chart of Visa's market cap versus MasterCard's (MA) market cap.
As shown, Visa's is currently more than double that of MasterCard! In the first quarter of 2008, Visa had revenues of $1.49 billion. MasterCard hasn't released Q1 '08 revenue numbers yet, but current estimates are for $1.06 billion.
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