Like last week and the week before that, this week carries with it only a single IPO in the pricing queue. That's not necessarily a bad thing, as this IPO market is still learning to walk on what someone recently said are "wobbly legs." Actually, I disagree with that characterization because I appreciate the slow buildup of the calendar. Given the almost universal state of caution in the markets, it's probably the smartest way we can proceed.I mentioned a deal this week, didn't I? Have a look at Universal Hospital Services (UHOS:Nasdaq), an IPO out of co-lead managers UBS Warburg and U.S. Bancorp Piper Jaffray. Piper Jaffray, as you probably remember, brought us the TheraSense (THER) IPO on Friday. That deal traded to a 30% premium in its first session, and this morning is trading even higher. Also on the UHOS prospectus cover is CIBC World Markets.
Another Medical-Equipment IPO in the Queue This Week
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