Growing pains

In May Clarissa, the two ton cow elephant, ran away from the Madrid Bolsa where she had been hauled to launch the IPO of Parques Reunidos. She was probably looking for a bull elephant, since it was not a bullish day for the Bolsa – the new stock fell 4.4 percent on the first day's trading. In the US, however, IPOs are still roaring along in the best taurine tempo, although there are signs developing to indicate that putting '.com' on the tail of an offering won't always guarantee a