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July 23, 2006
Infineon Spinoff Qimonda Confirms Float - But Who Can Spell It?
With all the speculation about Europe's IPO markets sucking business away from the US public markets, it is interesting to note that German memory chipmaker Qimonda has confirmed it will float on the NYSE.
The IPO location, first announced earliler this year, was confirmed on Friday in a Bloomberg report that also said the plan is to raise a whopping $1.3B.
But we're wondering about the effect its name will have on its IPO plans. Isn't there a rule somewhere that you don't start a company name with Q (with all the issues of not having a "u" after it). And it should not have a vowel ending either ("o" and "a" and "e" are too easy to confuse in the minds of English speakers).
Journalists are already misspelling the name big time. (The first version of this post even had it wrong in the title). Here are a few of the misspellings we trolled on the various industry wires and news websites: quimondo, quimonda, and qimondo.
Qimonda's Gimmicky Corporate Imagery Confounds Rather Than Communicates.
How can potential buyers of the stock find analysis and information about the stock if they cannot remember how to spell it?
Read - Infineon to Raise as Much as $1.3 Bln in Qimonda IPO (bloomberg)
Posted on July 23, 2006 07:09 AM | Posted to IPO | Semiconductors | Web 2.0 | Permalink
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