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NET FIRMS ON LINE WITH IPOS DESPITE SHAKY STOCK MARKET; ANALYSTS GROW MORE SKEPTICAL, PREDICT ONLY QUALITY WILL SELL.(Brief Article)
Crain's New York Business, August, 1999 by Messina, Judith
Unfazed by the gyrating Nasdaq and four Internet IPOs that bombed last week, local new media companies say they're going ahead with their initial public offerings. InterWorld Corp. and Medscape Inc. were on the road last week wooing investors. InterWorld says it expects to proceed with its offering this week.
HotJobs.com Ltd., an on-line job listing service, postponed its IPO last week but has rescheduled it for this week. Also on deck are Deja.com Inc. and Webstakes.com Inc., but neither would comment on its plans. Other hopefuls, which are likely to come to market later in the year, say they're confident the market will rebound by the time they're ready. ``I don't think anybody knows what's going to happen with the stock market,'' says Rosalind...
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