THE ROLE OF THE MEDIA IN THE INTERNET IPO BUBBLEN Utpal Bhattacharya Kelley School of Business Indiana University bhattac@indiana. ed Neal galpin Kelley School of Business Indiana University galpin @indiana. edu Rina ray Kelley school of Business Indiana university riray@@indiana. edu Yu Carlson School of Management University of Minnesota yu(@csom. umn. edu ber15.2005 Key words: initial public offerings, media, internet bubble EL number: E32G14 G30 s We are grateful fo gestions from Laura Field, Murray Frank and seminar participants at Penn State Unive management University, University of New Orleans and at the followin conferences: European Finance Association Annual Meeting 2005 and China International Finance Conference 2005. All mistakes remain our own responsibilityTHE ROLE OF THE MEDIA IN THE INTERNET IPO BUBBLE* Utpal Bhattacharya Kelley School of Business Indiana University ubhattac@indiana.edu Neal Galpin Kelley School of Business Indiana University ngalpin@indiana.edu Rina Ray Kelley School of Business Indiana University riray@indiana.edu Xiaoyun Yu Carlson School of Management University of Minnesota xyu@csom.umn.edu September 15, 2005 Key words: initial public offerings, media, internet bubble JEL number: E32, G14, G30 * We are grateful for suggestions from Laura Field, Murray Frank and seminar participants at Penn State University, Singapore Management University, University of New Orleans and at the following conferences: European Finance Association Annual Meeting 2005 and China International Finance Conference 2005. All mistakes remain our own responsibility