Crocs IPO looking even better

Crocs have raised thier initial IPO price from $13-$15 a share to $19-$20 a share. Crox is looking to be the first major IPO success of the new year. There are lots of people in the retail industry watching this one. Stay tuned as we watch what the street thinks about these hot, trendy, colorful shoes.

2 secrets to successful IPO: 1. Popular Trend & 2. Patented Technology. This however does not equate to long term success. My bet is Crocs will have a very successful time raising money from the IPO, expand their production capabilities, expand into other product lines, but never realize the hype put on them because as soon as something is a trend it is already out of style. Thoughts? Comments?

Crocs IPO Reading:
reuters.com
investors.com
thedenverchannel.com

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One Response to 'Crocs IPO looking even better'

Crocs Shoes Fans » Blog Archive » Crocs - crox IPO short lived? - April 2nd, 2006 at 7:22 pm
[…] A recent nutral rating of Crocs (CROX) stock by Cowen has caused the stock to fall up to 6%. They are concerned with customer adoption of the new styles like the Athens and Georgie. Read my concerns about CROX IPO Analyst Elizabeth Montgomery told clients in a note that Crocs’ (CROX) significant growth potential is offset by valuation concerns. The analyst added that there is uncertainty as to whether Crocs’ newer styles can gain traction with consumers to drive sustained revenue increases, and unknowns as to whether the company’s name can transition to a lifestyle brand, among other factors. […]

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Crocs IPO looking even better

One Response to 'Crocs IPO looking even better'

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