It seems to be gathering steam, ... The IPO market can be healthy even if the broader market doesn't know where it's going.

What the underwriters do is discount them off the current market [valuation], which entices institutional investors to come in and sop up all the stock.

The Chinese market is just starting to wake up to this sector. It's a good one to watch.

We have seen an increase in postponements or cancels due to market conditions. That's now starting to become more commonplace than it was three months ago.

That still seems to be the hottest market.

Fiber optics got slammed last week,