24 Wednesday on his first day on Wall Street

Facebook, LinkedIn, Groupon, Skype... These stars of the Internet show the comeback of technology companies on the stock exchange. Step for now, of course, but the cuvée 2011 looks promising. The professional network LinkedIn filed Thursday, January 28 at the evening its IPO project. The number of shares has not been determined and the calendar has not been clarified, but it might be among the first to arrive on the stock market sector. Skype, the Internet telephony specialist, should arrive at the rating, even if the IPO will be before the second half, according to the "Wall Street Journal". For its part, Groupon, specialist site purchases grouped at a reduced price, envisages an introduction on the stock exchange and discussed with banks, even if "no decision" has been taken, said its Director General early in the week. Finally, the social network Facebook, who has just completed a very publicized private placement, could also be a resounding entry to exhibit next year. Speculation also travel on a myriad of American companies such as Zynga, a publisher of social games.

In France, Axway, the subsidiary of Sopra software, recently announced its rating in the second quarter. And a few names circulate. Assurland is thus expected in stock, even if a takeover is not excluded (see below). Ventesprivées. com is the subject of regular speculation, but at this stage, nothing seems still well concrete.

Already in 2010, introductions of technological values had begun a recovery. $ 24 Billion was raised in the world by the technology sector in the broad sense, compared to 9.6 billion in 2009, according to Dealogic. The sum is certainly small compared to the 63 billion in 2000, but it's still the largest amount since 2001!

The dung beetle of some names of Internet success has rekindled interest in this segment. For example, Demand Media (content on the Internet) closed on a bond of 33.24 Wednesday, on his first day on Wall Street. Russian Mail.ru, which holds a stake in Facebook, had increased from 41 in session for his first not in London, in November. And two groups Chinese Internet had a resounding entry on Wall Street last month: Dangdang (Distributor online) was launched more than 93 and Youku. com (video sharing) 196,80!

"In a context where investors are concerned about the sustainability of the growth of some traditional industries, the beautiful stories in the booming technology sectors are valued." "So there is a true rarity in Europe effect", says Igor Donnio, head market primary of the Paris Office of Goldman Sachs. "Several news, such as the beautiful journey of Apple, who spent the cap of the 300 billion in market capitalization, also provided the sector on the front of the stage." "The managers began their reallocation to actions and they are more willing to look for new files", supports a banker. According a survey of Royal Bank of Scotland to 50 large European investors on their expectations on the primary market in 2011, technology (20) is at the top of their favourite sectors.

Also, many specialists provide new announcements of entries to the rating, while many Internet companies have reached a critical size. "SOPS often operate in waves: a success story leads to others", said Cédric Chaboud, Manager of a fund specialised in the introductions in Lazard brothers management. Valuation levels achieved in any case can generate Ortega on the part of issuers. Evidenced, Mail.ru, or the British Betfair (in online gambling), which have been introduced to a multiple higher than 33 times 2011 earnings, according to data from Goldman Sachs. In the US, Facebook would have reached this month following a valuation of approximately 70 billion on SecondMarket (for the non-coté), reports Bloomberg. Major candidates will no doubt be rather Americans, the Continent with less than great technological leaders. "The euro area given the uncertainties on the economy, may be trolling", resumed Cédric Chaboud.