Corillian IPO struggles

BEAVERTON, Ore. - Corillian's IPO wasn't exactly a hit. The company priced 4,000,000 shares of its Common Stock at a price of $8.00 per share. The company had expected to get somewhere between $10 and $12 for its stock. At press time the stock was down to 7 3/4. Corillian is led by Ted Spooner, who once served as chief technology officer at First Technology CU, Beaverton, Ore. -pgentile@cutimes.com

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