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Friday, September 29, 2006

Shutterfly IPO Prices at High-End of Range

Shutterfly (SFLY) priced its 5.8 million share IPO at $15.00 per share, at the higher-end of the $13.00 to $15.00 range.

We had been critical of this IPO early on and then noted that the street had been warming up to the terms of the IPO. Here is the last article with links to the financial data and prior notes.

Jon C. Ogg
September 29, 2006

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