Some money-losing firms still have spectacular IPOs

Article Abstract:

Roughly 50% of the 13 startup companies that are expected to conduct initial public offerings (IPOs) in summer 2000 lose money. Yet, an analyst noted that the IPOs of companies which have lost moeny since 1999 have gained 74% on average on their first trading day and are up by 47% as of Jul 2000. Another stock analyst observed that startups in popular sectors, such as the optical networking and wireless markets, can still achieve successful IPOs even if they are losing money.

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Internet companies race to sell shares

Article Abstract:

Wall Street is exhibiting signs of strain in terms of new stock issues as a flood of technology companies, including Internet startups, conduct initial public offerings. AlertIPO reported that more technology startups have filed to go public since roughly mid-Dec 1999, than have actually gone public. Thomson Finacial Securities Data reports that more than 150 offerings have been filed in 2000, more than double the number filed during the same period in 1999.

Internet services

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Dot-com workers opting out of options in favor of salary

Article Abstract:

Dot-com employees increasingly prefer to have higher salaries instead of stock options that were the trend before the bubble burst for the industry early in 2000. The demand for good salaries is a blow for dot-com firms which lured top recruits with stock options that saved the companies a lot of cash. Workers have learned their lesson from the dot-com blow-up which revealed that stock options could end up worthless in the final days of the dot-com boom.

Personnel administration

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