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Gemtek completed a successful initial public offering.
01/11/2002
Gemtek will be the first company in Wireless LAN to be going public in Taiwan on Jan 11th, 2002. It will be listed on the TAIDAQ Exchange with NT$98 per share. Its market price has reached NT$200 per share in the gray market. We think it is possible to reach NT$200 per share after its IPO due to the great growing-up potential of Wireless LAN industry.
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