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Who's hot, who's not in upcoming IPOs

Two broadband companies are expected to capture the limelight next week, while HomeGrocer may receive a lackluster welcome.

Tech Industry

 

  latest developments 

Two broadband companies are expected to capture the limelight on the market next week, while HomeGrocer is expected to draw a lackluster welcome.

"(HomeGrocer) may get a little pop at first but it's not worth the investment."

- Jeff Hirschkorn, senior analyst, IPO.com

 


Pending HomeGrocer IPO fails to impress analysts
Analysts say investors could embrace the initial public offerings of GT Group Telecom and Net2000 Communications, while shunning HomeGrocer.

Data storage firm files for public offering
StorageNetworks, a company that designs and builds complicated data storage systems, files to raise as much as $270 million in an initial public offering.

Linuxcare plans to raise $56.6 million in IPO
The small Linux services company plans to raise at least $56.6 million in its initial public offering, although it admits it is not likely to see profits until 2002.

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