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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: esecurities(tm) who wrote (1407)	8/28/1998 11:20:00 AM
From: esecurities(tm)	Read Replies (1) of 5102

CBS.MW IPO? "Sliding Stock Prices Makes IPO Demand Less Certain" [NEW YORK--Reuters] "The steep slide in stock prices adds even more uncertainty to an already skittish initial public offering market and plans for deals from big name companies offer little hope of a recovery. "The whole calendar of upcoming IPOs is suspect," said Kathleen Smith, portfolio manager at the Renaissance IPO Fund. "A lot of the deals that were expected in September are now being looked at for October. In a better market they'd be September deals." Demand for new issues deteriorated this summer on increasing jitters in the broad market and many companies that were unwilling to raise less from their IPOs than planned have pulled out of the pipeline..." source: &copy 1998 internetnews.com

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