Throwing a Hat Into the IPO Ring
When the summer IPO calendar was saturated with Internet companies, pundits warned that the dot.com mania was about to hit the wall. And sure enough, by early August, Internet IPOs crashed from the record highs they set in April. By August, deals were being postponed left and right and only the brave, like Red Hat Software, raised capital.
Evergreen Funds Looks to Open Source Codes
Like any financial services firm in 1999, the Evergreen Funds is looking to provide its clients and employees with access to comprehensive sets of data through a single browser front-end.
Public Demand for New Issues Outstrips Supply
Touting that their mission is to democratize the process, online investment banks have been popping up on the Internet to distribute shares of initial public offerings to retail investors.