Quote:
Originally Posted by ztik
|
A major consideration is that MC went public when the economy was on fire. Visa, on the other hand, will go public in a recession. Recession hurts spending. Hurt spending will hurt Visa shareprices. In fact, I think they will delay their IPO in these market conditions. If they don't, however, it's because they believe that the IPO will be so big (rumored to be amongst the biggest in US history) that current market conditions won't affect the outcome of the ipo...
