Omniture IPO!

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I’m so happy for everyone associated with Omniture for successfully completing its IPO today. The shares opened at $6.50 and ended the day up slightly at $6.53 per share. Visit Yahoo Finance for more. This high tech IPO is a big deal for Utah, which needs more IPOs. And Omniture now has a war chest to help it maintain its leadership position in the web analytics space. This is a great company with a great product that many of my companies (and many of the really big online companies) rely on for real-time decision making, and for optimizing revenues.

Full Disclosure: I am a shareholder in Omniture. Do bloggers have to disclose that when blogging about a publicly traded company? Somebody tell me the rules …

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2 Responses

  1. Dan Reese

    I think the idea of disclosure is to avoid the appearance of a hidden motive for your words. In this case, telling people how great Omniture’s IPO is could be considered encouraging people to buy which, of course, would benefit you financially.

    So I think disclosure was a good choice here. It allows you to speak your mind openly without any fear that people will mistake your motives.

  2. Gary

    yes, now when do you think Ancestry will go IPO? they better do it soon before their main/only competitor matches them in content. It is kind of hard to compete with FREE.

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