IPO report.(Business Break)

The big news on the IPO front is actually that there is no news. April and May saw just two IPOs with prospects for summer not looking much healthier. Postlisting performance by recent IPOs has been mixed, but this doesn't seem sufficient to explain the complete drop-off. A survey of experts by the Nikkei earlier this year showed 40% were expecting as many or more than the 121 IPOs in 2007. If things continue as they are, this may be halved for 2008.

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