|
|
Article: IPO Fever Again Grips Contra Costa, Calif., Firms.(Knight Ridder/Tribune Business News)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- August 10, 2000
- Author:
CopyrightCOPYRIGHT 2000 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Aug. 11--Wall Street's fickle investors have decided to pony up some big bucks to attend the coming-out parties of a host of corporate debutantes.
Initial public offerings seem to have caught the fancy of stock buyers once more. Bay Area companies so far in August have been going public at a rate of more than one a day. And the seven new Bay Area companies that sold their stock to the public for the first time this week were able to raise about $573.8 million through Thursday.
"This is definitely busy for the summer," said Ben Holmes, principal analyst with IPO Pros, a newsletter that tracks the market for emerging companies. "In the past, the summer has ...