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Waiting in the Wings

Is the IPO market poised for a better performance in the coming year?

By David Worrell

Opinions expressed by Entrepreneur contributors are their own.

There's a glimmer of hope on the horizon as the IPO marketlooks toward 2004. Despite a gloomy first half of 2003, marketinsiders are forecasting clear skies for more IPOs in the comingmonths.

By mid-September 2003, 25 companies had completed IPOs, and 30more had filed for offerings during the fourth quarter. More thanhalf that activity came during July and August, traditionally quietmonths when investment bankers go on vacation and entrepreneurs lielow.

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