2004 Always-ON Predictions

1. Best tech IPO year since 1999. Following the slowest year in about three decades, the IPO market will return with a roar, led by Salesforce.com’s debut in March and Google’s IPO this spring or summer.

2. Nasdaq ends the year at 2,450. Last year we predicted an 1,850 finish and got an upside surprise. I may be conservative here, but my gut says not ALL corporate earnings will be rosy.