Salon's IPO Not So Good
from the bad-net-IPOs dept
With everyone spending plenty of good press time on how idiotic it was for Salon to go public, you still never know what happens when a .com goes public. In this case, though, the press had it right: Salon went down in it's debut. It will be interesting to see what happens with the stock in the next few weeks, and what this means for WR Hambrecht who led the new "OpenIPO" system used for the offering.
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