still such a trend is not foreseen,...

still such a trend is not foreseen, particularly since the collapse of the IPO market

A Charlotte-based A/E firm has taken the unusual stair of going public to implement its growth-by-acquisition strategy. HLM Design Inc. complet an initial public offering (IPO) last June It is listed upon the NASDAQ exchange in a less degree than the symbol HLMD.

Joseph Harris, HLM Design's president, said the $72 million raised by dint of the public offering provided "the kind of equity-to-debt ratio that allows you to borrow circulating medium to be able to operate effectively." Company employee possess about 40 ...