KBND Logo

 

On Air Now

John B. Wells
ON AIR NOW
John B. Wells
10:00pm - 12:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Local News


A Bend financial advisor says he's been getting calls from people who want to get in on the Facebook Initaial Public Offering (IPO).   Facebook is announcing its intentions to do an initial public offering that could raise as much as $10 billion and put the company's total value at around $100 billion. Troy Reinhart with Northwest Quadrant Wealth Management says there is often a lot of hype surrounding IPO's so sometimes the shares are quickly overvalued. “Buyer beware. I know we’ve gotten lots of clients out there wanting to know how to get in touch with Facebook. And the answer is: you’re not going to get a hold of Facebook shares, until they are in the after-market. And then you, as an investor have to be careful that you’re not just trading on emotion.”  This will mark the sixth largest U.S. IPO ever, and the 15th largest IPO in global history.

 

 

Share

 

Traffic & Weather

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Bradbury Way closed through September 9th.
  • Lane Closure on Portland Avenue from College Way to 9th Street (9/1-3)
  • Southbound Lane closed on Boyd Acres Rd near Ross Road [South end] (8/27-31)
 
LinkedUpRadio Envisionwise Web Services