NetGear wants mo money


WiFi is so hot, that NetGear is having no problems raising money. The company has filed for a secondary offering, a few months after it filed to go public. My friend, Tom Taulli, an IPO guru of sorts has a new website, Current Offerings which has the complete low down on the deal. In a nutshell the company is looking to sell about 9 million shares at $14.50 a share, and raise about $133 million.



I can see a hint of irony in your post. Netgear wants money – again? Where did the IPO proceeds go?

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