Medscape
Executive Summary
Initial public offering of 5.4 mil. shares of common stock postponed due to market conditions, Medscape announced Aug. 11. The company, which operates the healthcare website Medscape.com, filed the IPO May 4 for expected proceeds of $57.5 mil. (1"The Pink Sheet" May 17, p. 18). The online medical information company will "continue to evaluate market conditions with the possibility of proceeding with the offering at a future date"