Zynga, the next to jump on the internet tech IPO trend filed paperwork for their IPO today, looking to raise 1 Billion. This is the game company that created farmville. They don't have any other real significant titles, but they're well connected to facebook and have proven that they can reach a large audience and get people to pay for their games.
http://news.cnet.com/8301-19882_3-20075220-250/zynga-ipo-like-facebook-but-sharper/
Zynga seems to be causing alot of exitement. I don't see a reason why the IPO won't behave similar to linkedin or pandora. That being said, I think everyone on wallstreet knows exactly how they are going to play this one.
Buy Buy Buy............get in before the crowd. Then take profits and run, sell before its too late. This IPO is going to garner an uncanny amount of public exitement. I'm getting in and getting out.
Long term growth prospects??? Haha, don't kid yourself, this is an internet gaming company.
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