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The Motley Fool: Sourcefire's Smokin' Debut

Mar 14, 2007, 15:00 (0 Talkback[s])
(Other stories by Tom Taulli)

"Online-security provider Sourcefire priced its IPO last week at $15, topping its $12-$14 expected range. But investors apparently couldn't get enough, driving the stock price to $18. Wall Street seems enticed by Sourcefire's unique business model, which is rapidly capitalizing on the growing network-security market.

"Sourcefire's business began in 1998, when Martin Roesch created Snort, a program to prevent and detect unauthorized intruders on computer networks..."

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