11. The company, chaired by Netscape Communications and Silicon Graphics co-founder Jim Clark, postponed its offering in October because of weak demand for new stock sales. 12. The first time, the offering was postponed, while the second was canceled amid concern the shares were too expensive. 13. The offering could be postponed until an even later date, Keough said. 14. The offering was later postponed. 15. Theglobe.com, for example, had postponed its offering last month. 16. Unable to corral enough investor interest, more than a dozen companies canceled or postponed offerings last month. 17. TransAmerican was forced to postpone the offering, but company officials say the decision was due to poor market conditions. 18. When the stock offering was indefinitely postponed for a second time, Prada found itself strapped for cash. 19. When the stock offering was indefinitely postponed for the second time, there was talk that Prada would be forced to sell some of its brands. 20. Several telecommunications and Internet-related firms have blamed uncertain market conditions in past weeks for their own decisions to postpone initial offerings of stock. |