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IPO Watch The stock market’s recent wackiness did not damage the advertising and advertising-related stocks–most are seasoned and, for better or worse, investors have become comfortable with them. (The fact that first reports of September-quarter business results are uniformly good didn’t hurt, either.) Unseasoned stocks are a more sensitive indicator of market sentiment, and the least seasoned of all are newly public equities. IPO performance can be like the canary in a coal mine when it comes to sniffing investor fear.
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