Monday, 21 May 2007

Technology IPOs set to top last year: JPMorgan

(Reuters) - Ronald Pillar says the market is still selective in terms
of which companies it will support, compared with the bubble
era of the late 1990s.




"Companies are a lot more mature and a lot of the
venture-backed companies realize that is not the ultimate liquidity event," said Pillar.
"If they want to go public they have to make sure they create
value over time and accrete price over time."


Read more at Reuters.com Mergers News

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