One of last week's hot offerings is a company that was put together just to go public.
Some firms have let politicians in on hot new offerings.
While it is great to get in on a hot offering, most people can't.
Investors withdrew from the market and lost interest in owning the next hot offering.
Many hot initial public offerings doubled the first day they traded.
They get the first chance to buy hot initial public offerings.
On average, the 50 hottest initial public offerings of 1999 rose less than half a percent yesterday.
There was also no shortage of hot initial public offerings in 1999.
Amazon.com was one of last week's two hot initial public offerings.
The end appears near for what was once one of the fund industry's hottest offerings.