Visa IPO MARCH 19 Open on 20

To start The Visa IPO should price on March 19 and open on March 20.

So I wrote last month about some possible influences that might affect the upcoming Visa IPO. I briefly discussed the potential of the credit crisis effecting the price potential of the IPO. Especially since momementum psychology has MasterCard setting the benchmark price potential for some. Another news story came out today about how far people are getting gehind on their payments and maxing out credit to the tune of trillions of unsecured debt.

First off Neither Visa or Mastercard actaully lend money. They provide the service of which other banks actaully lend the money. The fees charged by these companies makes up a substantial part of their revenue. So people like me and those I know who put everything on their credit card in order to maxmimize points yet pay off at the end of the month really lend to the CC companies making money.

It is also possible, and not the best reason to invest, but as the economy continues its downswing people will be looking at any means possible to buy things and that usually means they turn to credit cards. Remember fee based service, no debt on the balance sheet.

If you look at Visa's latest numbers I beleive this to have major upside potential. Visa said earlier this month that profit doubled to $424 million in the quarter ended Dec. 31. Revenue surged 76 percent to $1.49 billion. These numbers would cause a major surge in stock price in any publicly traded company.

Additionally they plan on putting $3 billion dollars aside to settle lawsuit activity.