John Nolan on Fri, 6 Aug 1999 07:09:00 -0400 (EDT) |
Here's my response to this question -- a quote from today's financial times: > This week's share price declines have also left a > question over the ability of young, cash-starved internet > companies to continue to use the financial markets to > back their growth. A number of companies to launch > initial public offerings in recent days have seen their > shares fall below the prices at which they were sold to > investors, marking a reversal of the big premiums that > many traded at earlier this year. Not all companies' share prices increase after the IPO. Some actually go down -- this is what happened with both N2K and CDnow. Being blocked out of the initial offering might end up being a stroke of luck. :) I hope this doesn't happen to Red Hat, but you never know. Stocks are risky. -- ##-------------------------------- ## John Nolan ## jpnolan op net ##-------------------------------- _______________________________________________ Plug maillist - Plug@lists.nothinbut.net http://lists.nothinbut.net/mail/listinfo/plug
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