Las Vegas Sands Corp. is IPO of the yearWritten by Iulia Pascanu
Sheldon Adelson, founder and owner of Las Vegas Sands (LVS), won $690 million on December 15 2004, in most profitable initial public offering (IPO) in American gaming industry. Las Vegas Sands is company that owns [aid:venetianresorthotelc label:Venetian Hotel & Casino] on Las Vegas Strip and Sands Resort in Macau, a former Portuguese colony, nowadays reinstated to China. The company sold nearly 24 million shares, that sum as little as 6.8 percent of LVS. According to some financial analysts, being such a tiny percent, it certainly put a pressure on price, that went up 60%. "Today's price was a matter of supply and demand," said John Futrell of Futrell Financial Management on Wednesday. "Too little supply and a lot of demand. The fact that so few shares were available influenced price." LVS set an opening price of $29 per share Tuesday evening; it is probably worth mentioning that bankers involved in sale prophesied an initial price between $24 to $26, prior to IPO. However, stock priced at $36.01 when market opened and reached a high of $49.45 by 1 p.m. EST, when it started to scale back. This was a record gain for American IPO's this year and best since Jet Blue in May 2002, that surged 67%.
| | Forums... What They Are And WHY They're Essential For Anyone 'Considering' An Online Business.Written by Cory Threlfall
Well... first off, let's define exactly what a Forum is so that you'll be able to relate to what I'm about to explain within this article.The simple definition of a Forum is... it's a online community with a open discussion that allows you to 'Post' questions or queries related to a specific topic. You can find Forums online related to any topic under sun, so it doesn't matter what question is that you might have because there's a Forum out there with hundreds, if not, thousands of members ready and willing to give you helpful Tips and Advice to questions you have making your life and decision making that much easier. I can't stress this enough, especially if you're New to Internet and Internet marketing scene. Now, for last segment of this article on want to focus on WHY forums are essential for Anyone who is considering starting an online business. Well, main reason is this... Forums are a great way to research your market you are considering developing a Product or Service for. Why, you ask? Simply because this is where people go to post there questions about a certain problem they're dealing with and 'Rule Of Thumb' is... when creating a Product or Service (no matter what kind of product or service it is) make sure it solves a -- Problem. This is KEY ingredient to success of your Product or Service. Seriously, take a look at all Posts from members and note which ones share most common threads.
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