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What do Paul Revere and the penny have in common?
Paul Revere’s metals company once supplied the Mint with rolled copper for the production of early cents. Impressively, the company is still in business today making top quality aluminum siding.
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What is an IPO?
Initial public offering (IPO) — The first time a company sells stock to the public. An IPO is a type of a primary offering, which occurs whenever a company sells new stock, and differs from a secondary offering, which is the public sale of previously issued securities, usually held by insiders. Some people say IPO stands for "Immediate Profit Opportunities." More cynicIt's Probably Overpriced."
Reference: http://moneycentral.hoovers.com/global/msn/index.xhtml?pageid=1954
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