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Internet

IPO fever rises again

Newly named Liberate Technologies is the latest to catch the IPO bug, as has e-tailer Drugstore.com. Meanwhile, eToys and CAIS shares soar on their first trading days.

 

  latest developments 

Liberate Technologies, formerly Network Computer, is the latest to buy into the IPO frenzy. E-tailer Drugstore.com also has filed to go public, while eToys and CAIS shares soar on their first trading days.

"Across the board, you are going to see earlier and earlier entrance to public markets, as long as the public has an appetite for it."

- Lauren Cooks Levitan, BancBoston Robertson Stephens analyst

 


Newly named Liberate catches IPO bug
The former Network Computer files to go public to finance its attempts to garner more of the market for TV set-top boxes and other information appliances.

Going public at the speed of Net
Drugstore.com's rush to go public is only the latest example of what one analyst deemed the "theater of the absurd" as Internet companies scramble to offer shares to a public eager to grab new stocks from any firm with ".com" in its name

eToys IPO takes a rocket ride
update Shares in the online toy retailer nearly quadruple on its first day of trading.

Drugstore.com files for early IPO
Barely three months after launching its Web site, Drugstore.com is making a rush for the IPO gate.

High-speed provider climbs after IPO
update CAIS Internet, which provides high-speed Internet access for hotels and apartment buildings, rises 16 percent in its first day of trading following an initial stock sale.

eToys prices IPO at $20 per share
update The online toy retailer settles on the high end of a range that it earlier increased by a wide margin.