Lululemon IPO

[ahnuld]

Company went public on friday. Im interested in investing as I feel they have yet to catch on in most of the United States and they should fare well if Canada is any indication. However it seems hard to come by any form of future estimates. So far to value the company iv had to plain old guess future earnings growth, and tried to use multiple comparisons when similar companies such as Under Armour went public (mainly based off sales). Am I missing a source of info or are IPOs always a bit of a shot in the dark?


Side: Its been a long summer; when discounting a growing company where the short term growth rate is higher than the discount rate...how do I change my equations so I dont get infinity as the valuation.