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Non-technology deals face a difficult market: James Hardie and Conley Canitano are postponed; G.I. Joe's is delayed.

March 5, 1999
JHX

Of the six deals that were scheduled to price in the first week of March, three non-technology deals were either postponed or delayed. James Hardie NV, a manufacturer of fiber cement and other building products and Conley Canitano, an IT consulting firm, were postponed due to unfavorable market conditions. G.I. Joe's, an outdoor sporting goods retailer, was delayed until next week and reduced its price range from $8-$10 to $5-$6.