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Dot-Com IPOs: They're Baaaaack
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******************************** Dot-Com IPOs: They're Baaaaack http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1006 In a seeming replay of the dot-com boom scenarios of the late 1990s, Salesforce.com saw a first-day increase of 56% in its stock price when the software company went public last week. What does this mean for other technology and Internet companies, some of which are waiting to go public? Experts at Wharton and elsewhere say that rather than signaling the beginning of another technology bubble, the ability of firms like Salesforce.com and Google to raise capital may be a sign of a healthier stock market. Tech companies that are tapping Wall Street now differ from the 1990s dot-coms in another key aspect: They are profitable.
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