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OpenIPO and Lindows

Posted by Hemos on from the raising-the-money dept.

An anonymous reader writes "Lindows is using bankers WRHambrecht and their OpenIPO process when they go public. The lower end of the pricing range will net them more than 50MM. But OpenIPO is designed to let ANYONE bid on IPO shares. If Linux can keep investor's attention and Google announces their own IPO, they could raise much more which could have impact on desktop Linux. Same CEO had near perfect timing raising 300MM with MP3.com IPO." OpenIPO is the same route Andover.net took back in the day.

4 of 158 comments (clear)

  1. Lindows? I thought it was not Linspire by Ra5pu7in · · Score: 4, Interesting

    Ahh, so the real reason they want to avoid a drawn-out battle with MS is revealed.

    --
    I was taking one day at a time, but then several days got together and ambushed me. (from a Rhymes with Orange comic)
  2. Hot Potato and Musical Chairs. by tomblackwell · · Score: 4, Interesting

    It worked out for me. I bought and sold and exited with a tidy sum.

  3. Great opportunity to make $$$ by NineNine · · Score: 5, Interesting

    Short it! I mean, c'mon, this company is run by some juvenile jackass who thought that "Lindows" would be a great name, and actually started to try to defend it. That's the kind of stunt that some college kid could pull, not a CEO of a publicly traded company. I know that I'm waiting for it to peak (day 1), then I'm shorting the hell out of this. Lindows will be long gone within a year or two.

  4. Oh, I get it! Buy tech stocks and get rich... by turnstyle · · Score: 4, Interesting
    Why didn't anybody think of this before? ;)

    "Same CEO had near perfect timing raising 300MM with MP3.com"

    hmmm, what's the current value of MP3.com stock?

    --
    Here's what I do: Bitty Browser & Andromeda