James Fee
11-22-2004, 11:00 PM
<div class='os_post_top_link'><a href='http://www.fool.com/News/mft/2004/mft04112207.htm?logvisit=y&source=estmarhln001999&npu=y' target='_blank'>http://www.fool.com/News/mft/2004/mft04112207.htm?logvisit=y&source=estmarhln001999&npu=y</a><br /><br /></div><i>"If ever there was a clear-cut sign that IPOs are back: On Friday, when the Dow Jones and Nasdaq plunged, a company called <a href="http://cbs.marketwatch.com/tools/quotes/quotes.asp?symb=PLAY&siteid=mktw&dist=mktwqn">PortalPlayer</a> saw its stock surge 51% to $25.80 on its IPO debut. In fact, volume was about 10.4 million shares for the day. Keep in mind that the company issued about 6.25 million shares."</i><br /><br /><img src="http://www.digitalmediathoughts.com/images/portalplayer_logo_sm.gif" /><br /><br />I'm sure the great holiday season that the Apple/HP and the iPod will have won't hurt the stock value much either. 8O Still they will need to move beyond the iPod if they expect long term growth.