Through TheFLY's Eyes: MasterCard
from Theflyonthewall.com











A Thought on MasterCard's First Day

For any investor thinking of buying into the MasterCard (MA) IPO, you might want to read this article from the Wall Street Journal (subscription required), which highlights the fact that credit card users are paying off more of their monthly credit card bills, which in turn affects the fees that credit card companies collect. The article does not specifically mention MasterCard, although it is ironic that it came out the same morning of the company's IPO.