| Wi-Fi has become the theme for the IPO market lately. EETimes.com - Never lose focus:: Then come the tasks of defining the company culture, gaining funding, achieving and managing growth, and adapting to ever-changing market conditions. http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=163701741HOME |
First iPass took the plunge a week ago.
And today NetGear braved the IPO waters.
But while Wi-Fi may be hot on Wall Street, IPOs remain risky plays for investors.
NetGear priced at $14, 40% higher than the company was initially aiming for. It then opened for trading at $19.15 for another 37% pop. However, individual investors who bought at the open took a $1.46 loss for the day, as the stock closed at $17.69 on a volatile day for the stock market. VOIP Telephone Systems: August 2005:: However as WIFI and VOIP technology integration continues to come closer to a reality announced it will an IPO to raise $600 million dollars in capital. http://www.voiptelephonesystem.org/news/archives/2005_08_01_index.phpHOME |
In short, the IPO market remains a great place for companies to raise money, but not for individual investors.
The broader market burst out of the gate Thursday morning on better than expected GDP, unemployment claims and Chicago manufacturing reports, only to give back much of it by the close. E-Commerce News: News: VoIP Here To Stay:: I think that niche players will come into the market and might very well dominate smaller there no doubt will be a number of new IPOs by VoIP companies, http://www.ecommercetimes.com/story/39337.htmlHOME |
The Nasdaq gained 14 to 1735, the S&P 500 rose 2 to 990, and the Dow climbed 33 to 9233. Volume rose to 1.6 billion shares on the NYSE, and 1.86 billion on the Nasdaq. Decliners led 17-15 on the NYSE, but advancers led 18-13 on the Nasdaq. Upside volume was 59% on the NYSE, and 71% on the Nasdaq. New highs-new lows were 195-54 on the NYSE, and 263-8 on the Nasdaq. The Future in Review - VentureBlog:: There will be no carrier model for WIFI. How doing? More to come. - RIGHT. 10. There will be no IPO market for small unprofitable tech companies. http://ventureblog.com/articles/2004/06/the_future_in_r.phpHOME |
After the close, Roxio warned and Adobe guided lower.
During the day, Monster Worldwide surged 13% after beating estimates, while Overstock.com plunged after missing its numbers.
DiamondCluster soared 37% after beating estimates, and Cray surged 14% on better than expected results.
AOL edged higher on the release of AOL 9.0.
StorageNetworks surged 16% on news that it plans to liquidate.
United Online rose 4% on its results, while Register.com slipped 1% on its earnings.
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