T.ITE: iTech Capital (TSE) Message Board

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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: Claude M who wrote (711)	7/18/1999 3:22:00 PM
From: Rob Davis	Read Replies (2) of 5053

Hi Claude, IPO stands for "Initial Public Offering". It is best defined as "that time when the insiders of either a (1) successful company, or (2) an internet company, get filthy stinking rich." A little bit of a tongue-in-cheek response, but fairly accurate. It is when a company begins trading publicly on an exchange. This is generally when individual investors can first buy stock in that company. Hope this helps, Rob

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