RealNetworks, formerly Progressive Networks, made its debut on the stock market last week and showed that Internet companies can be profitable, if they adopt industry standards. Confidence in the company that made its name by bringing sound and video to the web rang clear when its stock rose 43 percent after its initial public stock offering. 3 million shares were sold by the company for $12.50 each, within a day they were worth $19 before settling down to $17.875. RealAudio is by far the most successful audio technology on the Internet and RealVideo looks likely to share its stable mate's success. In total, over 26 million RealAudio players have been downloaded from the company's web site since it launched the software. www.realnetworks.com.
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