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2013 Tech IPO Scorecard-The Winners & Losers

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2013 Tech IPO Scorecard-The Winners & Losers Powered By Docstoc
					Robert DeFrancesco’s
TechStockProspector.com
June 13, 2013

2013 Tech IPO Scorecard-The Winners & Losers
Read the June 2013 issue of Tech-Stock Prospector on your Amazon Kindle or
Kindle for iPad/iPhone reading app.

Here are some of the topics covered in the June 2013 issue:

*The bullish case for Apple
*Salesforce goes shopping for its Marketing Cloud
*The next possible buyout targets in interactive marketing
*Intel finally getting some traction in mobile
*EMC returns more cash to shareholders
*Palo Alto Networks suffers its first stumble
*New security solutions boost Infoblox
*Wall Street eyes Yahoo more favorably
*How Cisco Systems is getting back in the game
*Can Aruba Networks stay competitive?
*A big addressable market for Cornerstone OnDemand
*Figuring out the right valuation for Salesforce
*Why some smart money managers like Informatica
*Workday builds out its product portfolio
*The next positive catalyst for Electronic Arts
*A surprising management shake-up at Fusion-IO
*Deal Report: Textura IPO

Order the June 2013 issue of TSP here:
http://www.amzn.com/B004T6Z0ME

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2013 Tech IPO Scorecard (in order of IPO date)
Company                IPO      IPO Price Opening Price/                          Post-         Current Price/   Market
                       Date                 Change from                           IPO           Change from      Cap
                                            IPO Price                             High          IPO Price        ($mil)
Gigamon (GIMO)         6/12     $19.00      $23.08/+21%                           $28.66        $27.09/+42%      $803
Textura (TXTR)         6/7      15.00       24.00/+60                             25.18         20.79/+39        455
Tableau (DATA)         5/17     31.00       47.00/+51                             59.60         55.00/+77        3,210
Marketo (MKTG)         5/17     13.00       20.00/+53                             26.77         20.50/+57        744
Rally Software (RALY)  4/12     14.00       17.26/+23                             25.25         23.45/+68        527
Marin Software (MRIN)             3/22       14.00          18.95/+35             19.95         10.63/-24   346
Model N (MODN)                    3/20       15.50          20.40/+31             21.80         19.39/+25   415
*Consensus.

Notes:

Gigamon—network traffic intelligence solutions
Textura—cloud-based collaboration solutions for construction industry
Tableau—enterprise analytics/BI 2.0 solutions
Marketo—cloud-based interactive marketing solutions
Rally Software—cloud-based solutions for managing Agile software development
Marin Software—cloud-based digital advertising management platform
Model N—revenue management software for tech & life sciences sectors

--The big winner so far this year is Tableau Software, which opened up 51% from
its IPO price and is now 77% higher.

--Yesterday’s IPO of Gigamon was well received, with the shares up 17% from the
opening price.

--Marin Software shares are off 24% from their IPO price and down 44% from the
opening price. Marin hit its post-IPO high on the first day of trading.

--Textura saw the biggest jump at the open, up 60%. The stock, which hit its post-
IPO high on the first day of trading, is down 13% from its opening price.

--Marketo is holding just above its opening price, while Model N shares are down
5% from the open.

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Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for
iPad/iPhone reading app.

Here’s the Kindle link: http://www.amzn.com/B004T6Z0ME

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Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.

TechStockProspector.com, launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.
For more information or to place an order, call 800-392-0998.

				
DOCUMENT INFO
Description: A look at how the 2013 tech IPOs are performing so far