Is King Digitial Entertainment going to be the next big tech IPO in the US

Is King Digitial Entertainment going to be the next big tech IPO in the US? The Candy Crush Saga maker is going public later this month on the NYSE. The company plans to list shares between $21 and $24. At the high end of the range, the company will be valued at $7.6 billion. Despite the risk of roughly 75% of revenues coming from one game, the bankers behind this IPO are clearly playing it safe. At $24 per share, the stock will be trading at just 13x earnings. That's a conservative price for a high-growth tech business. Moreover, that price would be 4x last year's sales. Zynga (ZNGA), which has dropped some 50% from its IPO price is still valued at 6x sales and has a host of problems. It will be interesting to see how investors react.