Herb Greenberg on IPOs

Herb Greenberg on "Market Watch", a unit of Dow Jones, has written an article arguing that the decline in foreign IPOs floated in the United States may not be so bad.  He notes that the total amount of IPOs in the United States is still healthy and that many of the IPOs that have fled to London's AIM market are not doing well.  He also noted that money is chasing deals in the private market and these investors may soon be looking to dump their companies on the public.  He favors only the "safe" IPOs in the public markets.  Do investors in the public markets need such coddling?