A: I' ve saved a lot of money over the past years, and now Id like to invest it for a profit What sort of investment do you have in mind? A: The stock market is looking attractive. It's been a bear market for several years now, and I think stock prices are pretty depresse B The falling market has discouraged many investors A: But all things work in cycles. A bear market will eventually be followed by a bull market B: Thats true. When the market does touch its bottom it 'll rebound A: I hope the investors will soon come back to the market and drive it up B: But there're still risks. Wars, weather problems-all these affect buyers' confidence Were not sure if the market has reached its bottom A: The bear market has lasted over four years; I think it's time for it to pick up B: It's really hard to say. The Japanese stock market has had a bear run of about ten years B: And when NASDAQ fell from 5,000 points to 3, 000 points, some people believe it was a golden opportunity to enter the market. Then the market plunged. A: So the stock market is really risky. I may lose money B: And maybe even your shirts A: Well, perhaps Id better put my money on the bank The stock has to be launched Helen: You know, this has been a privately owned company since we first opened last year and, to be honest with you, I'm inclined in keeping in that way. Bill: But the market is changing rapidly, and we need to think long term and take proactive measure; otherwise, we'll find ourselves behind the competition Helen: Thats a good point: perhaps I should be more open-minded about this Bill: Don't you think you're a little short of funds at the moment? Helen:That’ s true Bill: You simply cant afford to upgrade your facilities without considerable outside investment The bank won't lend you the money Helen: I havent tried it Bill: Even if it did, the interest rate for that much capital would be more we could afford. I'm convinced, the only way to generate the funds we need is to go public Helen: what should i do then? Bill: A consultant will be coming in next week to explain the registration procedure for an IPO Helen: Thats great because I want to have a thorough understanding of what this entails before Cisions are mao Bill: The important point is that you have to demonstrate you're financially qualified to be listedA: I’ve saved a lot of money over the past years, and now I’d like to invest it for a profit. B: What sort of investment do you have in mind? A: The stock market is looking attractive. It’s been a bear market for several years now, and I think stock prices are pretty depressed. B: The falling market has discouraged many investors. A: But all things work in cycles. A bear market will eventually be followed by a bull market. B: That’s true. When the market does touch its bottom, it’ll rebound. A: I hope the investors will soon come back to the market and drive it up. B: But there’re still risks. Wars, weather problems—all these affect buyers’ confidence. We’re not sure if the market has reached its bottom. A: The bear market has lasted over four years; I think it’s time for it to pick up. B: It’s really hard to say. The Japanese stock market has had a bear run of about ten years. A: Really? B: And when NASDAQ fell from 5,000 points to 3,000 points, some people believe it was a golden opportunity to enter the market. Then the market plunged. A: So the stock market is really risky. I may lose money. B: And maybe even your shirts. A: Well, perhaps I’d better put my money on the bank. The stock has to be launched. Helen: You know, this has been a privately owned company since we first opened last year and, to be honest with you, I’m inclined in keeping in that way. Bill: But the market is changing rapidly, and we need to think long term and take proactive measure; otherwise, we’ll find ourselves behind the competition. Helen: That’s a good point; perhaps I should be more open—minded about this. Bill: Don’t you think you’re a little short of funds at the moment? Helen: That’s true. Bill: You simply can’t afford to upgrade your facilities without considerable outside investment. The bank won't lend you the money. Helen: I haven’t tried it. Bill: Even if it did, the interest rate for that much capital would be more we could afford. I’m convinced, the only way to generate the funds we need is to go public. Helen: What should I do then? Bill: A consultant will be coming in next week to explain the registration procedure for an IPO. Helen: That’s great because I want to have a thorough understanding of what this entails before any decisions are made. Bill: The important point is that you have to demonstrate you’re financially qualified to be listed on the stock market