I managed to find a Norwegian-to-English translator, and the translated page can be found here.
In the style made famous by Babelfish, the translated text is remarkably unreadable, but maybe it'll help some of those non-Norweigen-reading people (like myself) get a look at what the article says.
One reason a lot of companies, especially high-tech companies, are filing for IPO's now has to do with, unsuprisingly, Y2K woes.
In the past few years, a lot of high-tech companies have been founded, and are now beginning to look towards becoming a publicly traded company. Clasically, companies have filed for IPOs when they want an increase in funds, and are willing to bear a bigger burden of responsibility for the performance of their company, and in turn, the performance of their stock. (This is simplified, as there are other reasons to go public, such improving the profile of the company and creating greater potential for merging and acquisitions.)
However, right now, financial gurus at high-tech startups who weren't anticipating filing for an IPO until next year are now looking at the potential effect of Y2K on the stock market - a hot spot of Y2K discussions. They realize that attempting to file for an IPO while the various underwriters and the SEC are cleaning up after Y2K may be a tedious and slow-going process, and so even though they weren't planning to need the money gained by an IPO until well into the year 2000, they are rushing to get public before the big date.
It's my feeling that we will continue to see a lot of high-tech IPOs until the end of the year - more as a strategic move to place themselves as a public company before the Y2K mess than strictly as a way to raise some money. (Although the money can't hurt.)
Slashdot Mirror
I managed to find a Norwegian-to-English translator, and the translated page can be found here.
In the style made famous by Babelfish, the translated text is remarkably unreadable, but maybe it'll help some of those non-Norweigen-reading people (like myself) get a look at what the article says.
Good luck translating the translation.
-Fedallah
One reason a lot of companies, especially high-tech companies, are filing for IPO's now has to do with, unsuprisingly, Y2K woes.
In the past few years, a lot of high-tech companies have been founded, and are now beginning to look towards becoming a publicly traded company. Clasically, companies have filed for IPOs when they want an increase in funds, and are willing to bear a bigger burden of responsibility for the performance of their company, and in turn, the performance of their stock. (This is simplified, as there are other reasons to go public, such improving the profile of the company and creating greater potential for merging and acquisitions.)
However, right now, financial gurus at high-tech startups who weren't anticipating filing for an IPO until next year are now looking at the potential effect of Y2K on the stock market - a hot spot of Y2K discussions. They realize that attempting to file for an IPO while the various underwriters and the SEC are cleaning up after Y2K may be a tedious and slow-going process, and so even though they weren't planning to need the money gained by an IPO until well into the year 2000, they are rushing to get public before the big date.
It's my feeling that we will continue to see a lot of high-tech IPOs until the end of the year - more as a strategic move to place themselves as a public company before the Y2K mess than strictly as a way to raise some money. (Although the money can't hurt.)
-Fedallah