Scott Sweet, senior managing partner of IPO Boutique, was quoted in Yahoo! Finance this morning:
Scott Sweet, senior managing partner at the research firm IPO Boutique, said he was also aware of the reduced estimates.
"They definitely lowered their numbers and there was some concern about that," he said. "My biggest hedge fund client told me they lowered their numbers right around mid-roadshow."
The full article is available here: http://finance.yahoo.com/news/morgan-stanley-cut-facebook-estimates-054504294.html
Scott offers IPO research packages at IPO Boutique.
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