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k from 1980 through 2000. The Emory studies compared the prices of stock transactions occurring within flue months prior to an IPO to the subsequent LEO price. Emory noted that the discounts found in these studies occur where a high degree of marketability is probable but not certain, and observed that th
nitial Public Offerings of Common Stock; May 1997 through December 2000," Business Valuation Review, December 2001, pp. 4-20; and John D. Emory Sr., F.R. Dengel III, and John D. Emory Jr., "The Value of Marketability as Illustrated in Initial Public Offerings of Dot-Com Companies," Business Valuation Review, Se
k from 1980 through 2000. The Emory studies compared the prices of stock transactions occurring within flue months prior to an IPO to the subsequent LEO price. Emory noted that the discounts found in these studies occur where a high degree of marketability is probable but not certain, and observed that th
nitial Public Offerings of Common Stock; May 1997 through December 2000," Business Valuation Review, December 2001, pp. 4-20; and John D. Emory Sr., F.R. Dengel III, and John D. Emory Jr., "The Value of Marketability as Illustrated in Initial Public Offerings of Dot-Com Companies," Business Valuation Review, Se
k from 1980 through 2000. The Emory studies compared the prices of stock transactions occurring within flue months prior to an IPO to the subsequent LEO price. Emory noted that the discounts found in these studies occur where a high degree of marketability is probable but not certain, and observed that th
nitial Public Offerings of Common Stock; May 1997 through December 2000," Business Valuation Review, December 2001, pp. 4-20; and John D. Emory Sr., F.R. Dengel III, and John D. Emory Jr., "The Value of Marketability as Illustrated in Initial Public Offerings of Dot-Com Companies," Business Valuation Review, Se
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