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	<title><![CDATA[university of ulm Resources | BNET]]></title>
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		<title><![CDATA[Who Knows What When? - The Information Content Of Pre-IPO Market Prices]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=316627]]></link>
		<description><![CDATA[To resolve the IPO Initial Public Offering underpricing puzzle it is essential to analyze who knows what when during the issuing process. In Germany, broker-dealers make a market in IPOs that starts as soon as the offer range is published. We examine these pre-IPO prices and find that they are...]]></description>
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		<pubDate>Sat, 01 May 2004 00:00:00 -0700</pubDate>
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		<category domain="http://resources.bnet.com/topic/university+of+ulm.html"><![CDATA[University Of Ulm]]></category>
		<category domain="http://resources.bnet.com/topic/ipo.html"><![CDATA[IPO]]></category>
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