"Roadshow?" Dean was startled; he hadn't expected it to come so soon.
"Yes," Richard handed his wine glass to an assistant beside him, "It's an important promotional tool to ensure the successful issuance of Byte Company's stock."
"Come on, let me show you Cisco's IPO process last year." Under Richard's lead, the group moved to the "Hall of Honor" downstairs.
Morgan Stanley would display its more successful IPO clients in a hall within their headquarters building.
Although Cisco was not large in scale at the time of listing, its rate of return was outstanding, and its market value nearly tripled in just a year.
Therefore, among the many cases underwritten by Morgan Stanley, Cisco's IPO was considered successful.
"From the time Cisco signed the underwriting contract with us to the end of the IPO and listing, the process lasted about three months."
