TAKING STOCK

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The Independent Online
ViewInn, placed at 100p in January, is bidding to become the flotation of the year. The shares rose 30p to 425p with talk of pent up demand remaining unsatisfied. The company supplies keypads which allow hotel guests to get a wide range of computerised data.

The placing raised pounds 1.5m for the company. Executives at Shaw & Co, the stockbroker which handled the new issue, are following the shares with more than usual interest. They took the flotation fee in shares and options and are locked in until November.

Stentor, where Shaw & Co is also involved, rose 17p to a 128p peak. It was floated at 72p in April. The company plans to take advantage of the deregulation of the Irish telephone service, offering a rival system.

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