IPO Hardball! Observations From Prior Six Months
Of the 105 IPOs from October 20, 2006 through March 9, 2007, the average gain was 16% For the 10 companies in the tech sector, the average gain was 12%
Going into their IPOs Four were profitable AeroVironment (AVAV) IPG Photonics (IPGP) Opnext (OPXT) and Mellanox Technologies (MLNX)
Six were unprofitable Clearwire (CLWR) Guidance Software (GUID) Isilon Systems (ISLN) Salary.com (SLRY) Sourcefire (FIRE) and Switch and Data (SDXC)