>  Smith-Gardner(www.smithgardner.com/) has filed for an IPO,
> what does this mean for the 3000 in that niche?
>
> What is an IPO?

An IPO is an "Initial Public Offering" - a first offering of stock in the
company to the public.  Basically, Smith-Gardner is going public and will be
listed on one of the exchanges.

Best Regards,
Joe

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