I fully agree that one of the big problems is limited texts. That's why I've read books on my Palm. I had the device anyway, and I can upload many classic books and read them there. I've read things like the sequels to "The Three Musketeers", "Huck Finn", "Robin Hood", and even some poetry. But if I want something new, I buy it. If I want something middle aged, I go to the library (even sometimes new stuff). But for something old, the Palm works OK.
It does get tiring to read it for an extended period. Much more useful for a fifteen minute break. And I always have it with me, unlike an Ebook reader. It's a nice add-on for a useful device, but a lousy standalone.
Yes. Most likely you would be sued by Adobe for infringing on the patent they hold on the encryption technique. Although it's not guaranteed that they hold such a patent, it is very likely.
> If you're making money, it's not necessary to sell public stock.
This is only partially true. If you started with a business model where a company was privately held, and only have a few owners, this works very well. If, however, based employee compensation on stock options, at some point you need to go public or the options are worse than useless. If the company is successful, no one can affort to exercise their options because the taxes are too expensive, yet the options can't be sold because the company isn't publicly traded. Also, in the good old days, even successful companies might see an opportunity for expansion, and use a public offering for expansion. Seems like a lot of companies expand and then contract, but that's another matter entirely.
Re:Red Hat remains in red: Posts $27.6M net loss
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Red Hat In The Black
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Stock options don't actually cost the company money, as I understand it. If I'm an employee, and I'm given a stock option at $10, and exercise and sell it at $100, the company is supposed to report a $90 loss. But did they really lose $90? They really lost 1 share of stock that I exercised. Could they have sold that share? Not really, not without a secondary offering or lots of paperwork or something. Which they could still do anyway, with another share of stock (since they can just make more if they want, sometimes pending approval of the shareholders). It really only resulted in a dilution of the outstanding stock.
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It does get tiring to read it for an extended period. Much more useful for a fifteen minute break. And I always have it with me, unlike an Ebook reader. It's a nice add-on for a useful device, but a lousy standalone.
Yes. Most likely you would be sued by Adobe for infringing on the patent they hold on the encryption technique. Although it's not guaranteed that they hold such a patent, it is very likely.
There's another piece in today's Boston Globe business section
> If you're making money, it's not necessary to sell public stock. This is only partially true. If you started with a business model where a company was privately held, and only have a few owners, this works very well. If, however, based employee compensation on stock options, at some point you need to go public or the options are worse than useless. If the company is successful, no one can affort to exercise their options because the taxes are too expensive, yet the options can't be sold because the company isn't publicly traded. Also, in the good old days, even successful companies might see an opportunity for expansion, and use a public offering for expansion. Seems like a lot of companies expand and then contract, but that's another matter entirely.
Stock options don't actually cost the company money, as I understand it. If I'm an employee, and I'm given a stock option at $10, and exercise and sell it at $100, the company is supposed to report a $90 loss. But did they really lose $90? They really lost 1 share of stock that I exercised. Could they have sold that share? Not really, not without a secondary offering or lots of paperwork or something. Which they could still do anyway, with another share of stock (since they can just make more if they want, sometimes pending approval of the shareholders). It really only resulted in a dilution of the outstanding stock.