IР Р? THE TECHNOLOGICAL COMPANIES IN EUROPE.
Iп п THE TECHNOLOGICAL COMPANIES IN EUROPE.
Shaft IPO forces the European markets to "be stirred up".
Wave IPO - primary placings of actions of the companies working in spheres
New technologies and the information, overflows the share markets of Germany,
Italy and the Great Britain.
More than 300 technological companies this year for the first time will offer to
To sale the actions in the European share markets characterised
Both high rates of growth, and considerable degree of risk.
Half of these new companies, such as Infineon, T-Online and Lycos
Europe (LCOS), will place the actions or through stock exchange Deutsche
Boerse, or through Neuer Markt. Probably, the preference will be given
Neuer Markt - the electronic stock exchange, which market cost
Has increased for last six months by 200 %.
For a year index Neuer Markt has grown on 69,6 %, much more having surpassed an index
Nasdaq 10 Market "recently operivshihsja" the technological companies
Only has on Wednesday morning risen on 3 %, having surpassed other markets on
To growth indicators. Experts on IPO predict, that "the small
The German stock exchange "Neuer Markt will earn this year on IPO $40 billion, in
Comparison about $13 billion last year. It does Neuer Markt
Largest of small European stock exchanges where actions bargain
The technological companies developing high technologies. In them
Number enter also London Alternative Investment Market,
French Nouveau Marche and Easdaq. In Italy also there is a stock exchange,
On which actions of the small companies working in sphere bargain
High technologies, - Nuovo Mercato, - where the leading company is
Provider Internet-uslug Tiscali SpA.
Some from coming IPO on German Neuer Markt are too great
For such small stock exchange. T-Online is the largest in Europe
Provider Internet-uslug, and it IPO will be the most considerable in the market
The European Internet-services in April. "Otpochkovanie" Deutsche Telecom
(DT) should bring almost $3 billion One more large company,
Planning IPO in April, - Infineon, division of the German giant
Siemens AG (SMAWY), letting out semi-conductor production.
But, mostly, IPO the European companies are not so considerable.
The great bulk of the Internet companies spending them has no such high
Indicators, as, for example, Palm the companies 3Com (COMS), primary
Which placing of actions passes this week at stock exchange Nasdaq
(A prospective ticker - PALM).
Among carried out IPO the European companies high indicators
Growth actions Gameplay.com differ, for example. Actions of this company
Bargain at London stock exchange Alternative Investment Market, which
Much more concedes German Neuer Markt in volume of the auctions, but not in them
Activity. The price of actions Gameplay.com has grown seven times since the moment
Their occurrences in the market in the last summer.
Soon in London primary placing of actions of the company is expected
Internet companies SoJewish.com. Just2clicks.com and other small
The British companies expect to get good welcome at investors
On Alternative Investment Market.
However, possibly, most considerable splashes in activity occur in
Germany. American Internet company BroadVision (BVSN), whose actions
Are quoted very highly, spends secondary placing of the actions on
Neuer Markt since November, 3rd also it is estimated as the largest company on it
The market, with market capitalisation $20 billion EM.TV is the largest
From the companies quoting the actions only on Neuer Markt. Market
Cost of its actions makes about $10 billion
Double listing which gives to the growing Internet companies thirsting
Capital investments, possibility to find investors simultaneously in Europe and
In America, becomes more popular, than ever earlier, at stock exchanges
Nasdaq and Neuer Markt. At once at both stock exchanges offer the actions
Such companies, as Ixos Software AG (XOSY), Trintech Group PLC
(TTPA), Ebookers.com PLC (EBKR) and SCM Microsystems Inc (SCMM). However
Not all of them work exclusively in sphere the Internet. Qiagen NV (QGENF)
Is the biotechnological company; the train diagramme of its actions - as
And schedules of many other things of actions on Neuer Markt - are reminded by launch
Rockets.
It is necessary to note also FortuneCity.com Inc., the American company,
Whose actions are quoted only on Neuer Markt.
Speaking about results IPO, it is necessary to mention German company OnVista
AG, owning the financial Web-site which placing of actions is begun
This week. The planned sum of a subscription to its actions has been exceeded in
80 times. The price of actions for two days has trebled. OnVista has gained about $43
Million whereas the volume of all sales of the company for a year has made only $2
Million
Quickly growing Neuer Markt name "the grey market" for IPO, therefore
That transactions on him pass "in a shade" larger European share
The markets, such as the London stock exchange (LSE). However "grey",
More precisely, grey-haired from a grief there are only investors it is not possible whom
To take there is enough profit from new share issues European
The companies.
On-line sales have made $2,8 billion in January
The new index of electronic commerce is entered.
The American consumers have spent in January $2,8 billion for purchases
Through the Internet, have declared on Wednesday National federation of the retail
Trade and research company Forrester Research, for the first time
Publishing an on-line retail index. Their report, and also the first
The governmental report on the same subject, which occurrence is expected in
Thursday, the first exact data concerning the consumer contain
Expenses in sphere of electronic commerce.
Almost half of all expenses of consumers has fallen to the information
Carriers and tourist services. Thus expenses for the information
Carriers, such as books, music records and program
Maintenance, $653,6 million, and expenses in sphere of the tourist have made
Services (tickets aboard the plane, hotels, rent of cars etc.) - $582,8
Million
The index is broken into 23 categories.
Most of all in January consumers have spent for air tickets - $317,6
Million follow Further such categories, as books and hardware maintenance
The personal computer, - on $224,4 million everyone. In number of other categories, on which
Considerable expenses are noted, enter the software ($186,7
Million), clothes subjects ($181,5 million), booking in hotels
($163,8 million), toys ($146,1 million), music records ($143,1
Million), the goods for health protection and cosmetics ($142,8 million).
According to Forrester, on-line expenses have increased about $2,4 billion in 1997
To $8 billion in 1998 and $20,2 billion in 1999
Despite impressing figures of growth of on-line retails, the fact
Remains the fact: company Wal-Mart only in December has sold more,
Than all on-line industry in 1999 On-line sales while
Are only small share in total amount of retails in the USA,
Which has made in $1999 2,9 bln.
K2Kapital 2000.03.02.
//* an information Source: п п п п я я п?п?п?i п iя я i, 3.03.00
//* Reg. Nom. - 1100300043.73-------------------------------------------
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