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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: altair19 who wrote (52222)	12/12/2005 11:48:00 AM
From: stockman_scott	Respond to of 362350

More on SarbOx and it's impact -- from an online newsletter I receive... The National Venture Capital Association has published a cornucopia of 2006 VC market predictions. Items of note include expectations of slight rises in VC disbursements and fund-raising, plus an NVCA admission that “the venture industry will not be in a position to achieve the above market returns which limited partners have historically enjoyed.” Most prescient quote may come from Bob Pavey of Morgenthaler: “Unless the SEC figures out how anti-growth and anti-jobs the impact of SOX is on young growth companies considering an IPO, we will see U.S. venture-backed companies doing what until now has been unthinkable: going public on foreign stock exchanges like the Toronto Exchange or AIM, the small cap exchange affiliated with the London Stock Exchange.”