Internet

Another Net IPO boom in the works?

Momentum for another rash of hot Net IPOs builds, with Compaq's spin-off of AltaVista, Prodigy's IPO plans, and speculation that NBC is looking to make a public go with Snap.

As Prodigy plans to hit the public trough, Compaq gets set to spin-off AltaVista with IPO intentions. Meanwhile, Momentum for another rash of hot Net IPOs continues to build, with speculation that NBC is looking to make a public go with Snap.

Prodigy plans IPO next month
The online service firm is looking to raise as much as $120 million in a share sale slated to take place in the first half of February.

Compaq spins off AltaVista
update Compaq says it will spin off its Web directory AltaVista to create a subsidiary, the AltaVista Company, which it intends to take public.

NBC to offer news to Road Runner?
NBC is in negotiations with Road Runner to provide news content to the high-speed online service controlled by Time Warner and MediaOne Group.

Autoweb.com files for $50 Million IPO
Following in the footsteps of its rival Autobytel.com, the online car-buying site will take to the public markets.