It Could Be Raining Internet IPOs This Week

If this week’s pricing calendar holds up, April will finish with a
shower of Internet IPOs as at least eight Internet companies are slated to go public by the close
of trading on Friday.

Some I’ve already profiled; others I’ll get to in the next few days.
Here’s a quick look at who’s sitting on the launch pad:

  • barnesandnoble.com. Like its online rival, Amazon.com,
    barnesandnoble.com isn’t settling for selling only books. It already
    offers customers magazines and software, and soon plans to add videos,
    music and other merchandise. Lead underwriter for this IPO is Goldman
    Sachs. The company, which will trade under the Nasdaq ticker symbol
    BNBN, hopes to raise $200 million.

  • iXL Enterprises. Company provides Web customers with strategic
    consulting, site development, digital media services, e-commerce systems
    and Web publishing software. The company is shooting for a take of $60
    million in an offering of 6 million shares at $10-$12 each. Lead
    underwriter is Merrill Lynch; Nasdaq symbol will be IIXL.

  • Marimba. Maker of software for delivering and managing applications
    via the Internet hopes to raise $56 million in offering of 4 million
    shares in $13-$15 price range. Lead underwriter is Morgan Stanley Dean
    Witter; Nasdaq symbol will be MRBA. (See profile

  • Mpath Interactive. Games company runs interactive Web site that allows
    users to play against other competitors over the ‘Net. Site also
    features live audio chat rooms and virtual concerts. With 3.9 million
    shares set to sell at $10-$12 each, Mpath hopes IPO will put $42.9
    million into its coffers. Lead underwriter is BancBoston Robertson
    Stephens; Nasdaq symbol will be MPTH.

  • Musicmaker.com. Company runs music Web site offering users opportunity
    to select their own customized CDs primarily from alternative artists
    and oldies catalogs. Musicmaker.com wants to raise $24 million in an
    offering of 3 million shares at $7-$9 each. Lead underwriter is Ferris,
    Baker Watts; Nasdaq symbol will be HITS. (See profile

  • NetObjects. Web site construction and management software tools vendor
    is offering 6 million shares at $11-$13 apiece in an IPO intended to
    raise $72 million. Lead underwriter is BT Alex. Brown; Nasdaq ticker
    symbol will be NETO.

  • Razorfish. Alright, you’ve had your little joke, Razorfish. Go public
    already, will you? Investors have been waiting for a month for Web
    development and services company to hit Wall Street; supposedly the
    Razorfish watch ends this week. Credit Suisse First Boston is the lead
    underwriter for this IPO, which is designed to raise $33 million through
    the sale of 3 million shares in the $10-$12 range. Razorfish will trade
    on Nasdaq as RAZF. (See profile.

  • Town Pages Net.com. British company runs Web site offering community
    information, including news and weather, business listings, and job
    opportunities. Dirks & Company is lead underwriter for the IPO, which is
    intended to raise $18 million in offering of 2 million shares at $8-$10
    each. Company will trade on AMEX under symbol TPN.

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