How does the performance of DynaVox, from Figure 12.1, support the idea that investing in IPOs may
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How does the performance of DynaVox, from Figure 12.1, support the idea that "investing" in IPOs may be a form of speculation?
Figure 12.1
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FIGURE 12.1 Five Best and Worst IPOs of 2010 Jubilant FoodWorks (India) Operates Domino's Pizza in India Molycorp (U.S.) +257% Rare Earth Materials Mining Chengdu GoldTel Electronic (China) +238% Technology Beijing Sevenstar Electronics Electronic Equipment and Components TPK Holding (Taiwan) +230% +205% Touch Technology Promethean World (U.K.) -67% Interactive Learning Technology DynaVox (U.S.) -66% Speech Technology Mitel Networks (Canada) -61% Communications Technology D.B. Realty (India) -58% Real Estate -57% Ningbo GQY Video & Telecom (China) Technology +331%
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