2. Netscape Valuation. In the process of raising capital by issuing stock to the public a crucial moment is to determine the company’s share price that best reflects the real value of the company. In our analysis in order to estimate the fair value of Netscape’s share price we have applied the Weighted Average Cost of Capital Method of Valuation. The WACC method implies that the firm’s weighted average cost of capital represents the average return that the company must pay to its investors‚ both
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Understanding IPOs and IPO Scams You don’t have to spend too much time around the stock market to discover that there’s something fishy about many stocks’ initial public offerings‚ (IPOs). The standing joke is that IPO really stands for “It’s Probably Overpriced”. While that may or may not be true in any given case‚ there are a large number of pitfalls awaiting the would-be IPO trader or investor. It’s a case of caveat emptor‚ and in order to be suitably wary you need to understand how an IPO works and
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Introduction On 9 August 1995‚ Netscape Communications Corporation went public with an IPO of 5 million shares priced at $28 per share. In an extraordinary day of trading‚ the company’s newly issued shares soared to $73 by mid-day before closing at $54 - a nearly 100% increase in value in a single day of trading. 1. Does the Netscape need to go public to satisfy its capital needs? What would you estimate might be the magnitude of its capital needs over the next 3 to 5 years? Going public is
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Case 1 – Netscape Initial Public Offering Course: Corporate Finance Date: 09-02-2015 Suzanne Groen Nikki Krayenoord Zhenni Hu Juliette van der Werf 10003288 10872043 10824286 6165796 1 Netscape Communication Corporation Netscape Communication Corporation is a software company founded in April 1994 by Marc Andreessen (co-founder of Mosaic) and Jim Clark (founder of Silicon Graphics). Their mission was to provide open software that connects information and people over the Internet and Intranet
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Today I will talk about Facebook; it’s a very topical subject particularly since Facebook submit paperwork to regulators for an IPO‚ 1 month ago. But let’s start with a little part of history Histoire «From Harvard dorm room to all Canadian and US University : Mark Zuckerberg‚ 28‚ founded Facebook while studying psychology at Harvard University. Zuckerberg had already developed a number of social-networking websites for fellow students‚ including Facemash‚ where you could rate people’s attractiveness
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The 15th Financial Case Analysis Contest Analysis Report Case Name： PRADA: TO IPO OR NOT TO IPO: THAT IS THE QUESTION‚ AGAIN Report Title： SWEET ARE THE USES OF IPO Team Name： WINDTRACKER DATE: 16/12/2012 Contents ABSTRACT 1 1. Macro and Industry Analysis 3 1.1 Financing Environment 3 1.1.1 International Monetary Market 3 1.1.2 International Bond Market 7 1.1.3 International Stock Market 9 1.1.4 International Private Equity Market 10 1.2 Industry Analysis
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CEO Assignment #1 Bank Analysis - Decomposition of ROE FIN 420 – Bank Management Summary: Utilizing data contained within the Uniform Bank Performance Report (UBPR) of a local bank‚ decompose the company’s 12/31/11 financial performance as well as information for its peer group. Analyze the results. Available Banks: Bank of Holland Grand River Bank Mercantile Bank Macatawa Bank Format: Part #1 – Obtaining Information
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Contents Introduction1 Fundamental Analysis1 Prospect Analysis3 Financial Analysis4 Investment Analysis4 Operating Policy7 Conclusion8 Appendix Introduction Ocean Carrier Inc. owned and operated cape-size dry bulk carriers worldwide. Major Cargo type is iron ore and coal. Vessel sizes are 80‚000 DWT to 210‚000 DWT. Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. The cargo operations include maintenance‚ repairs‚ insurance‚ supplying of
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Netscape Analysis Report I. History Netscape Communications Corporation‚ originally named Mosaic Communications Corporation (MCOM) was founded in April 1994 by Jim Clark and Marc Andreessen. They released their first browser products free to Internet users in September 1994. Jim Clark is chairman of Netscape Communications Corporation. Before founding the company‚ Clark was the chairman of Silicon Graphics‚ a computer hardware manufacturer he founded in 1982. Marc Andreessen is vice
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In this paper‚ we outline the process by which companies are brought to market in an initial public offering. Our goals here are to delineate the specific steps that are required in an IPO‚ to demonstrate the complex inter-relationships between the advising‚ marketing‚ pricing‚ and trading functions of the IPO process‚ and to highlight the role played by the underwriter in a public offering. When a company wishes to make a public offering‚ its first step is to select an investment bank to advise
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