Business
Huge IPO splash expected next week
If you thought this week's IPO calendar was hot with the likes of Webvan Group (Nasdaq: WBVN) and Cobalt Networks (Nasdaq: COBT) just wait until you get a load of next week. There are so many offerings -- at least four of them expected to be huge -- that the market could conceivably choke.
If you thought this week's IPO calendar was hot with the likes of Webvan Group (Nasdaq: WBVN) and Cobalt Networks (Nasdaq: COBT) just wait until you get a load of next week.
There are so many offerings -- at least four of them expected to be huge -- that the market could conceivably choke. There are at least 19 tech offerings on deck for the week of November 8, including the largest IPO in American history.
The whoppers among next week's offerings are Charter Communications, Paul Allen's cable company; Expedia, the spin off of Microsoft's online travel business; United Parcel Service, a back-door e-commerce stock; and FreeMarkets, a business-to-business auction company similar to VerticalNet. Story to follow.
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