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Short Take: PointCast IPO called into question

PointCast is gearing up to do a road show for its initial public offering during the week of July 13, sources said. But a story in Business Week casts doubt on the IPO, citing sources who contend that the company is searching for a buyer and that the IPO filing last month was done in part to raise the company's "visibility." PointCast declined comment.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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Dawn Kawamoto
is gearing up to do a road show for its initial public offering during the week of July 13, sources said. But a story in Business Week casts doubt on the IPO, citing sources who contend that the company is searching for a buyer and that the IPO filing last month was done in part to raise the company's "visibility." PointCast declined comment.