n. An Internet-based company.
According to stock-tracking firm IPO.com, more than a quarter of the 71 Netcos that went public in the past year are now trading under their offering price.
Ticketmaster.com has outfitted several venues, including the Staples (SPLS) Stadium in Los Angeles, with bar-code machines that recognize printed tickets, and expects customers to begin using them in April. Other Netcos are watching the experiment closely.
Are US netcos about to steamroll their way across Europe, beating the locals on their own turf; or is there Something about Europe the Yanks just don't get?