It’s Saturday morning and the start to an exciting week. There seems to be activity in most corners of my life right now — great for keeping me busy, not so great for keeping me well rested.
Got up very early this morning to get the Corvette shipped off to the repair shop, and crossing my fingers that it’s nothing terribly serious or expensive. My experience tells me that when something works perfectly one minute, then not-at-all the next minute, the damage is generally not too bad — usually down to the failure of a single component. I’m hoping it’s the electronic ignition unit — spares go on eBay for about $100 each.
In other news, SAIC board of directors have finally approved their IPO. Initially rumoured to take place on Friday, 13 October, it now looks like they’ve brought the date forward to the 12th to avoid superstition. Business Week have covered the IPO in this week’s edition, saying:
SAIC
This is the biggest and best-known name in the bunch. With revenues of almost $7.8 billion for the year ended Jan. 31, SAIC is not your typical IPO. The San Diego–based outfit offers an array of engineering, scientific, and logistic products and services, primarily to the U.S. Government. With product groups including transport and software, its clients include the Defense Dept. and other agencies. Led by Morgan Stanley and Bear Stearns (BSC), the company expects shares to price between $13 and $15.
Because the company is already well established, InvestorOffering’s Taulli sees the company as more of a long-term play than a chance for quick cash. Despite the headlines that accompany big debuts, he doesn’t see a “barn burner.” So investors shouldn’t fret if they can’t get in on day 1. “These types of businesses will be needed for a long time.”
Work is really busy as well. After completing the last of my induction courses (thank goodness — I’ve never had so much training in my life!) I was worried that I wouldn’t have anything to do. I needn’t have worried — I’ve ended up working on two bids with key clients, both of which have high win probabilities. It’s a great way to start a new role at a new company!
Just to round it all off, it’s an absolutely beautiful autumn day here today — sunny and crisp. I’m not normally a fan of 7am starts on a Saturday, but today I don’t mind.