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Whitey - 3:29 am on Jul 29, 2011 (gmt 0)
Just thought I'd throw this into the mix , re pending IPO's in the travel sector :
It’s been eight months since Kayak filed its registration statement for an IPO and there have been five amendments in the interim, but Kayak has yet to become a public company.
So, what’s the deal? [tnooz.com...]
Khosrowshahi said at an investor conference that the IPO filing had been scheduled for the spring but would now be made "in a matter of weeks".
TripAdvisor has come under pressure from a rival offering from Google Inc. (GOOG), but said it had "overcome" the impact of Google Places, which he did not expect to expand from search and advice into handling transactions [marketwatch.com...]
Cold feet and delays in the sector ? This latest test should motivate them to move fast. Watch what the analysts are picking up on both sides including Google's.