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ALBANY, N.Y. -In late July, Integrated Alarm Services Group appeared ready to take the plunge with its initial public offering, more than eight months after first filing with the securities and Exchange Commission.
According to Jack Mallon of Mallon Capital, all eyes in the security industry are on Integrated Alarm to see how the stock will fare.
"There have been very few, if any, security companies that have gone to the marketplace [in the last two years]," he said.
Some analysts have indicated that the company's IPO may not be the boon Integrated Alarm, known as Criticom, hoped for when it first proposed the offering. According to a report by Morgan Stanley, there are some aspects of Integrated Alarm's deal that may deter investors. For starters, the size and scope of the IPO has been changed a number of times since late last year.
In lateJune, the company filed...