GLENWOOD LANDING , N.Y., Dec. 17, 2001 (PRIMEZONE) -- Stock Traders Press (www.stocktraderspress.com), the publishing affiliate of Corporate Communications Corp., is pleased to announce that Jeffrey R. Hirschkorn, the firm's Senior IPO Analyst, was interviewed for an in-depth feature in The Daily Deal (www.thedeal.com). Mr. Hirschkorn is also an analytical consultant for IPO Monitor, the nation's leading site for information on the new issue marketplace.
The article discusses the success rate for the final round of IPOs in 2001 and provides an outlook for what the Street might expect from IPOs in 2002. One thing most forget, is that despite the lackluster performance of the major indexes, the IPO market was the place to be. For example, IPOs, through Dec. 14, excluding closed-end funds, units and deals priced under $5, returned 4.58%, on average, from offering.
On a separate note, Christopher F. Castaldo, the firm's founder and chief executive officer, was a featured guest on New York's Eyewitness News yesterday to discuss the overall market and what sectors may be in line for takeoff during 2002. Mr. Castaldo will also be appearing on CNNfn later this week to brief the public on stocks to watch for 2002 and the benefits of utilizing an independent research purveyor opposed to a division of a major investment bank.
About Corporate Communications Corp.
Corporate Communications Corp., through its publishing arm, Stock Traders Press, is a cutting edge and independent stock market research firm that provides timely, unbiased equity advice to money managers, brokers and individual investors. The firm offers a myriad of premium research content to a wide spectrum of individual, retail and institutional clients. The firm is now providing virtual research through its innovative site.