Tech IPOs ReappearTech IPOs Reappear

Technology companies are starting to go public again, and Wall Street is welcoming them.

NetScreen Technologies in Sunny-vale, Calif., which makes network security systems and appliances for firewalls and virtual private networks, raised $160 million on Dec. 12, selling 10 million shares at $16 each--$2 more than its projected price range. The next day, Santa Clara, Calif., chip design and testing software maker Nassda pushed through a $55 million initial public offering of 5 million shares at $11, $1 above its expected debut level. Net-Screen closed at $22.60 on Dec. 14; Nassda ended at $15.47. Lawson Software, which a week before had the first IPO for a Web software company in more than a year, closed at $17.19; it initially sold for $14.