The good times on the WSE seem set to continue with more IPO's

The Securities and Stock Exchange Commission (KPWiG) has already received 15 issue prospectuses and several more are expected to be submitted over the next few months. Paweł Tamborski, managing director at CA IB Financial Advisers, estimates that the joint value of IPOs this year might be four times higher than in 2003, when it stood at zł.376.4 million. The value of all public offers amounted to zł.1.8 billion. This, however, will only happen if several large transactions will be successfully finalized, such as the long planned ITI's offer for the shares in television channel TVN. The strongest demand for shares in companies come from pension and investment funds. (Rzeczpospolita, p. B1) A.K.