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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (2911)12/21/1998 12:49:00 AM
From: esecurities(tm)  Read Replies (1) of 4231
 
>>Allaire*>>"Quick Pick-Up of IPO Issuance Seen In '99"

NEW YORK (Reuters) - "While the Christmas and New Year holidays will slow the new issues market in the next few weeks, a quick resumption is seen in January as underwriters strive to make up for the sharp decline of late 1998.

''Instead of the usual slow January, we'll see an early pick-up,'' said David Menlow, president of IPO Financial Network...''There's a very big appetite for online companies,'' said Kathleen Smith, portfolio manager at the Renaissance IPO Fund...Indeed, IPOs from online women's network iVillage Inc. and Allaire Corp., a company that makes business software to help build Web sites, are among the deals on the boards for early 1999 that analysts expect to draw crowds..."


© 1998 Reuters By Holly Rosenkrantz dailynews.yahoo.com

*SoftQuad <http://www.sq.com> Software competitor...19% owned by SoftQuad International Inc (NASD OTC BB:SWEBF)(TSE:SKI)
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