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Improve Your IPO.


A 10-year study by Ernst & Young concludes that, despite initial performance, many companies fizzle fiz·zle  
intr.v. fiz·zled, fiz·zling, fiz·zles
1. To make a hissing or sputtering sound.

2. Informal To fail or end weakly, especially after a hopeful beginning.

n.
 in the first three years after going public, significantly under-performing the market in both profits and share price. Management repeatedly cites its failure to adequately prepare and grasp the magnitude of the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  transformation process as the reason for missed objectives. That's why E&Y developed Ernie IPO Navigator See Netscape Navigator, Netscape and Norton Navigator.

Navigator - Netscape Navigator
, an Internet-based service to guide IPO candidates through the steps necessary for a successful offering, including what actions to take and when and how to deliver shareholder value afterward af·ter·ward   also af·ter·wards
adv.
At a later time; subsequently.

Adv. 1. afterward - happening at a time subsequent to a reference time; "he apologized subsequently"; "he's going to the store but he'll be back here
.

Ernie IPO Navigator subscribers have access to a password-protected web site that breaks the process down into phases and steps, and prepares a list of top priorities, supported by worksheets and relevant documents, to help with follow-through. Ernie IPO Navigator also offers users access to Ernst & Young professionals and services as needed as needed prn. See prn order. .

Ernie IPO Navigator is $4,000.
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Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2000
Words:150
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