IPO Tracker: AOL Will Do the Salsa | Internet News

IPO Tracker: AOL Will Do the Salsa

Written By
Tom Taulli
Tom Taulli
Jul 28, 2000
2 minute read

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.

Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.