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RE: [sharechat] what is "IPO" stand for?

From:	Edwin Sutherland <Edwin.Sutherland@directbroking.co.nz>
Date:	Tue, 30 Nov 1999 09:49:58 +1300

IPO stands for Initial Public Offering - Where new securities are floated
(sold) in a primary market to investors.

Edwin Sutherland
Business Development Manager
Internet Broking
http://www.directbroking.co.nz


-----Original Message-----
From: Derek [mailto:dariusz@ihug.co.nz]
Sent: Tuesday, November 30, 1999 9:18 AM
To: sharechat@sharechat.co.nz
Subject: [sharechat] what is "IPO" stand for?


I'm new to market subject, Could enybody give me a clue what its mean?
Thanks Derek


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