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CompleTel Up Modestly but Websense Soars in Debuts
Updated from 2:46 p.m EST
Websense (WBSN:Nasdaq), a company that makes software that enables management to monitor employees Internet surfing, received a strong reception on Wall Street Tuesday, more than doubling in its first day of trading.
But investors offered a surprisingly moderate response to CompleTel (CLTL:Nasdaq), a new issue in the fast-growing European network access market, which rose 38% after its initial public offering.
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