It sounds like there is some back-room drama, the kind of thing that 10 years down the road might help explain what's going on. This said, I think Skype could

It sounds like there is some back-room drama, the kind of thing that 10 years down the road might help explain what's going on. This said, I think Skype could still be quite successful in their IPO efforts. Market difficulties are unfortunate, but doesn't mean that 100% of IPOs are going to end badly.