Software-on-demand provider NetSuite Inc. had a good first day of trading as a public company, as its shares rose more than 36 percent, to $35.50. The shares, early in the day, dropped below the $26-a-share price set in a Dutch auction, before recovering in the afternoon. (MarketWatch) Shares of competitor Salesforce-dot-com have risen 270 percent since that firm’s 2004 IPO. (Forbes.com)
The Bottom Line
December 21, 2007
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