SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (2905)12/15/1998 3:30:00 AM
From: esecurities(tm)  Read Replies (2) | Respond to of 4231
 
ALLAIRE>>IPO revisited:deja vu or SoftQuad all over again...

"...Since its founding in 1995, Allaire Corp., of Cambridge, Mass., has gained an impressive grass-roots following, both for its Cold Fusion Web application server platform and for HomeSite, an HTML authoring tool it acquired in 1997.

The company elicited significant industry interest in August when it filed for an initial public offering. But the market turned sour, and like several other Internet companies, Allaire quietly withdrew its filing.

Analysts had looked to an IPO as an important event in Allaire's evolution from a promising startup with an interesting product into a fish big enough and tough enough to survive today's Web application server market. That market has grown more intense with Sun Microsystems' purchase of Allaire competitor NetDynamics and the emergence of a new crop of Java application servers, not to mention the growing popularity of Cold Fusion's closest competitor, the Active Server Pages technology included with Microsoft Internet Information Server.

As Allaire prepared to refile earlier this month, however, company founder and chairman J.J. Allaire and vice president of technology strategy Jeremy Allaire were focused less on the hazards of a fickle market and more on what an infusion of cash could do for the company's new technologies..."


source: © December 14, 1998 internet WORLD internetworld.com