There are more possibilities as to why this is being delayed than I think Carter's got pills, as the saying goes.

I think it will get a respectable pop. There's nothing but superlatives for this company.

I think there's going to be demand, but I wouldn't say it's strong. We're not talking about a runaway.

I think they are trying to spread it around, to keep everybody happy and so they don't get delayed by a bottleneck in one operation.

The market is not going to be so tolerant of this particular offering if it is perceived that there won't be any growth.

The tech IPO market is going through a minor renaissance. This is another encouraging foundation step.