GoDaddy Going Public - Files For IPO!

[RJ]

Soon to be trading as 'DADY' on the Nasdaq.

http://washington.bizjournals.com/phoenix/stories/2006/05/08/daily48.html

Interesting info on page 2 of the article,

the company also listed a handful of risks, namely its history of losses, stating they "may not be able to operate profitably or sustain positive cash flow in future periods."

Go Daddy recorded net losses of $11.6 million in 2005; $3.6 million in 2004; $774,000 in 2003; and $1.8 million in 2002.

Wow. GD lost $11.6 million last year? Kind of puts those coupon codes and $4.19 registrations into perspective.

 

[tmax]

I read more bad things about GoDaddy than good.
I don't do business with them nor will I buy their stocks.
Otherwise, I wish them luck.

 

[wvccboy]

I won't buy stocks from GoDaddy because they're losing a lot now because of the other companies that are offering more than them such as 1and1, Yahoo!, ENOM, and registerfly.com.

If Godaddy can please their customers it will go up again...

 

[vslevin]

Those Super Bowl ads have definitely made a name for GoDaddy, but sure cost them a lot of money. It'll be interesting to see how their IPO plays out, I won't be investing in it, though.

 

[RickM]

Wow, thats quite a loss there!

 

[DN Tycoon]

Buy fast...sell fast

 

[movingconcierge]

When it comes to accounting and statistics, I live by this rule:

Numbers are like a bikini; what they reveal is suggestive, but what they hide is crucial.

 

[RareIQ]

Numbers are like a bikini; what they reveal is suggestive, but what they hide is crucial.

LOL......... :lala:

 

[Easydoms]

Having just looked into this a bit further, I for one will NOT be buying stocks. You have a company that since it started has reported a loss each year.

It says that money raised from the sell off will go to repay debts!!!

One to stay clear of IMO.

 

[CrazyTech]

I don't know, as someone who doesn't currently invest, but wants to get into stocks, I think picking up a few Godaddy shares might be worth it. I'm of the mind that Parson's idea was to get his company known by name before he went public and then launch from there. It explains the dirt cheap promotions, those loopholes, and the commercials quite well. Now, it's time for him to tighten up the ship and let her sail. I don't think a Google run of Godaddy is out of the question at all. (Though, I don't think will see a huge explosion like we did with Google.)

 

[DN Tycoon]

Stock will be hot on the opening...I will buy buy buy and at the right time before the bubble starts to settle or pop I will sell sell sell making a nice little profit.

Short term: Yes
Long Term: No
Curve: middle of ther road

 

[GiddyUp]

I agree...short term looks good, especially with all the recent talk of the new tech bubble...get in fast, get out fast...that will of course also depend on how much the IPO will come out at - I would imagine it to be between $20 and $30, but I'm hoping for less!

 

[Falian]

Very good investment for long-term IMO. Domain Regging is becoming more and more popular. We all know domaining very well, so we know the many different choices of Registers. But godaddy is taking alot of losses to get themselves way ahead of their competitors. Its a long-term investment, once your on top, its very easy to stay on top.

 

[franchise]

I agree...short term looks good, especially with all the recent talk of the new tech bubble...get in fast, get out fast...that will of course also depend on how much the IPO will come out at - I would imagine it to be between $20 and $30, but I'm hoping for less!

I agree. Like the Vonage IPO this one will probably be a sexy tech type stock to get in on. There long term business health is not very clear so I would say a good short term stock...I think $20 at opening is realistic.

We shall see....

 

[tmax]

The beauty of it all is that nobody knows what's going to happen. I am very interested. Let drama begin....

 

[tecom]

I remember Amazon was close to bankcruptcy and suffering HUGE losses during the first starting years until...

Godaddy - Google Unite... Boom? Goodaddy
:hehe:

 

[vokkerzen]

they lose 11.6 million and need stock sale proceed to pay off debt? Why would someone invest in this?

 

[deet]

wow, I may buy a few stock in this company.