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RealTime IT News

IPO Tracker: AOL Will Do the Salsa

You know how frustrating it is when the network is down. Well, OPNET wants to make this nonexistent.

OPNET is a developer of so-called network management software. It will not only optimize performance, but greatly boost reliability. In fact, the software is geared to help companies to anticipate problems (yes, preventative medicine is the best medicine).

Of course, companies are becoming very dependent on their networks. Downtime, in fact, can be disastrous. What's more, network systems are becoming increasingly complex - such as with video, voice, wireless, and so on.

So far, the company has over 500 customers. Examples include MCI WorldCom, AT&T and UUNET.

The company's lead underwriter is Morgan Stanley and the price range is $12-$14 (with 4 million shares to be issued). The proposed ticker symbol is OPNT. Looks as if OpenNet should be a hot one.

Speaking of networks, the biggest online network, AOL, plans to issue shares in America Online Latin America. Of course, this is a portal that is localizing content for nations down south (AOL content, that is).

The brand, management, money and content from AOL practically assure the success of this company. Currently, AOL Latin America is focusing on Brazil, Mexico and Argentina.

The lead underwriter is Salomon Smith Barney and the price range is $15-$17. The company plans to issue 25 million shares and the proposed ticker symbol is AOLA.

Finally, keep an eye on SignalSoft. The company has an operating platform and software applications to allow wireless networks to determine the location of users. In other words, services can be based on location factors. Users can take advantage of local.info, which can personalize on-demand Net content for such things as traffic updates, weather reports and restaurant reviews.

The company has entered key partnerships with such companies as Nortel, Motorola and Ericsson. There are also deals with about 30 Net content providers.

The lead underwriter is Salomon Smith Barney and the price range is $15-$17 (the company intends to issue 4.4 million shares). The proposed ticker symbol is SGSF.