A few months
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“The result of high prices is a widening digital divide that slows progress in vital areas such as health, education and science. Yet with the advent of affordable smartphones, new undersea cables and innovations in wireless spectrum usage, there is simply no good reason for the digital divide to continue,” he said.
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As the economy gets better, the Fed should allow longer-term interest rates to rise above their historically low levels. Those rates aren't set directly by the Fed, but by the bond market, so things could happen quickly once traders are convinced that the Fed's outlook has shifted and demand higher yields. Since rising yields mean falling prices, investors in bond mutual funds and ETFs could face sharp losses.
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While the company has not yet disclosed any deals out of theoffer, Trainor said interest in direct distribution iswidespread, with everyone from first-time directors toestablished production companies looking to the online model.
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Publishing the sale prospectus earlier in the month-long process would give investors more time to prepare for meetings with company management and for independent analysts not connected with the sale to compile their own research, it said.