Communications Wrap: VCs Can’t Wire Into IPO Market –

Although the Nasdaq continues to slowly creep back toward the 3,000 level, and many currently public communications companies have met revised earnings estimates, the 2001 IPO market continues to wait for its maiden entry. And no matter where the entry comes from, IPO investors will be grateful to have somewhere to focus their attention.

Among those waiting with bated breath are the venture capitalists responsible for funding the 10 communications companies that have registered to go public since September 2000. Those firms that funded these companies to the tune of $1.024 billion, according to our