Business Services Industry
The Internet Analyst News — IPOs Online: Bringing New Issues to Everyone
Business Wire, Oct 15, 1999
NEW YORK--(BUSINESS WIRE)--Oct. 15, 1999--
W.R. Hambrecht, the underwriter whose online bidding system is designed to bring IPOs to the average investor, is back in the pipeline with its third deal.
The first issuer to go public through W.R. Hambrecht's Open IPO system was Ravenswood Winery (Nasdaq:RVWD) on April 9. Using the system, the online magazine Salon.com (Nasdaq:SALN) completed its offering in late June.
He said that, through the Open IPO program, his Internet company was able to go public within its published price range, at a time when other Internet companies like Ivillage (Nasdaq:IVIL) and C/Net (Nasdaq:CNET) were down 30%. Salon.com (Nasdaq:SALN) sold its shares at $10.50, the low end of its range, and generated $25 million in proceeds.
Breakaway Solutions (Nasdaq:BWAY), DSL.net (DSLN), Digital Insight (Nasdaq:DGIN), Loislaw.com (Nasdaq:LOIS) and Radware (Nasdaq:RDWR) are among this week's Internet IPOs.
To find out more about this week's Analyst's Internet IPO Update, read the article in Multex.com's The Internet Analyst(sm), http://www.theinternetanalyst.com/individual/991014sections/ipoupdate.html.> Companies profiled:
Ravenswood Winery (Nasdaq:RVWD) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=rvwd
Salon.com (Nasdaq:SALN) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=saln
Ivillage (Nasdaq:IVIL) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=ivil
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express