Five IPO Prospects Worth a Look
Sarbanes who? The burdens of being a publicly held company in the post-Enron era are well known, but with U.S. equity markets showing strength—as witnessed by the record highs reached by the Dow Jones industrial average—lots of outfits are still diving into the public pool. Certainly not all the recent offerings have been great successes (the Vonage (VON) debacle is still recent enough to send a chill down investors' spines) but the market has seen, of late, some impressive debuts. The tech hardware company Riverbed Technology (RVBD) and cosmetics outfit Bare Escentuals (BARE) both posted handsome gains in their first day of public trading.
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