One way is to look at the block trades for the day, how many there are and depending on where you get your information they may even have whether they are buys or sells... the more block trades on the buy side the better chance it may be an institution..i.e. business account.. that will hold on to it for a while and not day trade it.
I'm lucky, I work for a major brokerage house and have research , real time qoutes on all listed stocks and other brokers to talk to and gather information from. Its a little harder on line but if you watch the major investment sites like Motley fool and Raging Bull or thestreet.com you can probably find that information there for the most part.
Or you can hire a broker to do it for you, most places don't charge a fee unless you trade. So a good way of going about it is to try and start a relationship with a broker.. whether professionally or find a broker with similar personal interests.. Believe me the nerd/geek brokers exist that hack on computers on their off time.. and then just start milking him for info. If you like him enough open an account if not use the valuable info and trade on-line. Be careful though milk them to much without establishing an account and they will dry up after awhile.
I'll be watching to see how many institutional investors pick up on this. If I see a lot of them then hope you get your shares early, if not watch for a couple of weeks, you'll get a better deal.. unless of course the market reverses and the techs start rising again. Earnings are almost over, most the big guys have reported without much success so unless a lot of institutions buy in the open market I'm sure we will see Red Hat do what most of the rest of the new tech IPO's have done.. run up, run down, run up, run down... just gotta catch the right down.
Check the literature.. some places have fall out prices that if they exceed 50% or more in gains then the holder can sell with no repercusions. This is so a client can lock in profits and have a good feeling for the company he trades with. If the company doesn't allow this find one that does.
Matter of fact the company I work for has a built in 30% increase you can sell unless otherwise specified by the business itself.
Seems like being bought by Andover has some... less then pleasant side effects. Well maybe you should just post a small general reply to Andrew's letter here.
I didn't see anyone ask this question.. but out of 200 post I could have missed it. Has anyone on the list that can't get in contacted a live E-Trade customer service rep? I'm sure if you tell them who you are, what its for, and all about the shares being held for selected individuals. They should then be able to unrestrict your account to allow you the purchase of the IPO. If this doesn't work then I would contact Red Hat and find out what you have to do (that hasn't been done) in order to get the reserved shares.
But they beat the estimates wallstreet had for them. In that respect they are a little strong then what everyone thinks. Never count a company with a loss out.. look at Amazon... Barnes&nobles.com or basically and.com stock except ebay and yahoo.
The one thing your forgeting about the small investors strategy is FAITH. Most small investors don't jump on an IPO unless they have a great amount of faith in a company and don't mind paying the initial price for a stock. Sure its not the best investment strategy and any financial consultant worth a grain of salt will not let you invest this way, but then there is the magic of on-line trading isn't there.
Red Hats IPO like so many others is unpredictable so it may be like Geocities back last October. It ran up, the market took a nose dive and you could pick up the shares cheap, then it started to rise and Yahoo bought them so even if you did pick them up at the IPO you made money if you didn't get discouraged. Then again it could be like Ebays and you'll never see anything near the IPO again.
The best advice I can give is if you really really want a specific number of shares buy maybe half or less on the IPO that way you have some, if it acts like ebay, then if it turns down go ahead and pick up the remaining shares a price you think is decent.
Stocks are a gamble, buy what you know, buy what you don't know, just make sure you diversify your holdings so you don't get burned in the long run.
I think Mr Katz has a little to much time on his hands. The Matrix though a ok movie fell short of a lot of expectations from those that saw it. It may have been a box office hit on it own merits and didn't have the hype of TPM but the only people who will remember it will be the geeks who will compare its special effects to that of the next great "hacker" style movie.
The Phantom Menace will be remembered one for all the hype it produced, and two because its the beginning of the end for Star Wars. Two more movies and then we will have to be content with watching them over and over on DVD, VHS , or what ever media evolves that the place it on. No more to a spectacular saga that has had the world imagination in its grasp for so long.
Comparing TPM and Matrix is also a horrible lapse in judgement on your part for movie most remembered by geeks because we are just now hitting the peak movie season. Who is to say movies like the 13th Floor, or even Austin Powers don't leave a better impression or influence on us and make us remember the Matrix as a movie with sup par acting but some interesting special effects done on an open software system.
TPM will live long after the hype due to its place in the Star Wars family. The Matrix may become a cult classic for wannabe hackers or even theorist to ponder over but that is the extent of it.
He is a billionaire, and normally his lawyers do what he says, but the interviews I've been reading state that he let them do all the dealing in this matter so he could focus all his attention into the making of the movie and not the standard corporate work. I'm sure he established the rules a long time ago as far as how business should be conducted in this type of matter and thats probably what his lawyers followed. As far as hand on with the marketing, tie ins and all the related hype he didn't have any direct relation beside possibly policy, which was set awhile ago.
The only problem I see with this article is it's attack against Lucas as a money hungry movie maker. He has had no hand in the marketing, besides the release date, or the liscensing of the rights. That is done by a bunch of money grubbing lawyers. I have read many interviews and in all Lucas has stated he didn't want this much hype , because along with hype comes expectations, and if you fail those expectations then you will fail completely. I think the major reason for all the hype is all of us 20 somethings that grew up with Star Wars have been calling for more and we finally get it and all we do now is complain about what we are seeing.
If US code is just code written in the US by anyone then yeah it definitely has more than 10%. If US code means only code that is copyrighted and possibly proprietary, then no I don't think there is over 10%. If there is over 10% then maybe you should suggest FreeBSD, most Linux apps work under it with some minor adjustments ( atleast the ones I've tried ). But since it is freely available, there shouldn't be any problem exporting it since anyone can download it off the internet.
Caldera has said that once everything set with LIZARD they will be releasing the code, so if it becomes an exceptional loader we may see it in all Linux distro. As far as GNOME goes Its a bugger to install under COL 2.2, with RH 6.0 it replaces FVWM95 as the default winmanager which I found quite nice. Hopefully COL will start having it as an option instead of KDE.
You are probably right, but up to this point its just been a judge listening to testimony. And he probably is getting a better deal with the plea due to the stigma Hackers get in the general public now days.
Lizard, the new install tool by Caldera is nice for a new user just getting started, but if you don't have a supported video card it can be a pain in the a$&. Though COAS is nice, I was able to compile ide-scsi on the fly and burn a cd no problem.
That would all be fine, if this was a jury trial. He is being in front of a judge only(that is what is infered by what I have read) , no jury will ever hear his case unless he brings a civil suit against one of the plantiffs. And the wording in the letters, whether what we see is correct or edited, has calculated losses, which can be reasoned as physical removal.
We all know he is guilty of theft, but the question lies in how the companies value their loss since to our knowledge Kevin was the only one with the copies. If I was to steal a copy of a Monet, for my own personal use, would I be charge the full price of the original if I'm caught?
If the companies claim their source as part of their intrinsic value(book value) then the losses they are saying happened need to be reported to share holders. Since nothing has been reported to share holders then either they don't consider their software a "valuable" part of their company or the SEC hasn't seen the letter yet.
A report just came over the Dow newswire that BE did file for an IPO with the SEC. It looks like they will be selling about 57.5 million dollars worth of shares. No underwriter was named or an estimated price.
Last I saw on the newswire was that Comcast was talking to AOL & M$ in an attempt to gather a little extra financial support to out bid AT&T. That maybe why their talking is to try and work out an agreement for their on-line services if they do help Comcast back it financially.
You never see this happen in Switzerland either were everyone has a hand gun. Its not the laws on guns that are the problem. Its not the games, movies , or anything else either. Scapegoats are only good for political gains. Blame the mental state of the person doing the shooting, which in this case we can't because they committed suicide. There are people out there that get a high on hurting, even killing people, just like there are people who get a high off of living a clean life. We just need to remember this is not a perfect world and we are not perfect people, so why do we all act as if there is such a thing as Utopia?
When I was in High School I dressed all in Black, wore a trench coat in all types of weather and played D&D, doom, shadow run , and anything else that stimulated my mind and imagination. I was a part of a "Trench Coat Gang". Our gaming was our release, we did it to vent our frustration, not use it as a training tool like the media makes it out to be. We didn't kill anyone, sure we made bombs but what kid hasn't. Living on 14 acres of land allowed me to do as I pleased without harming anyone or anything but trees and dirt. I think the media needs to pay more attention to the mind set of the teens and their parents. Sure no parent wants to be labeled as BAD but with society today you can't spank a child thats bad or even raise your hand as a threat. I'm not that old but if more kids today were disciplined like the "old" days maybe right and wrong would be ingrained a little better into children IMHO, and we wouldn't see as many if any of these school murders that have taken place in the last 2 years.
RedHat has done nothing but make a name for itself in the eyes of the Corporate & layman world. True you say Linux and the basic computer user will say RedHat in response but so what? If it give people a stepping platform from which to spring let it. I use it along with Caldera and have never had any incompatibilities execept not having the glibc in Caldera.
Once someone starts using Linux whether it is RedHat or something else.This will get them to start reading and gathering more information and see that there are other distibutions out there.
The only fear I have is if/when RedHat goes public and the possibility of board members that are from proprietary companies can start steering the ship. Thats when we should start worrying or start buy as much of their stock as possible to keep them heading the right direction.
The only problem is that Billy is taking about sales in general. The witness was talking about profitability on the windows os in general. There was an article in ZD that had a MS exec. saying the above statement, basicly he said that they can track sales but not how much they make from the sales on their computers...... YEAH RIGHT
It's suppose to ship "around" the time of the others release but they haven't specified an exact date yet. It could be a day or a week after the Win version ships, possibly longer depending on what the beta finds
One way is to look at the block trades for the day, how many there are and depending on where you get your information they may even have whether they are buys or sells... the more block trades on the buy side the better chance it may be an institution..i.e. business account.. that will hold on to it for a while and not day trade it.
I'm lucky, I work for a major brokerage house and have research , real time qoutes on all listed stocks and other brokers to talk to and gather information from. Its a little harder on line but if you watch the major investment sites like Motley fool and Raging Bull or thestreet.com you can probably find that information there for the most part.
Or you can hire a broker to do it for you, most places don't charge a fee unless you trade. So a good way of going about it is to try and start a relationship with a broker.. whether professionally or find a broker with similar personal interests.. Believe me the nerd/geek brokers exist that hack on computers on their off time.. and then just start milking him for info. If you like him enough open an account if not use the valuable info and trade on-line. Be careful though milk them to much without establishing an account and they will dry up after awhile.
I'll be watching to see how many institutional investors pick up on this. If I see a lot of them then hope you get your shares early, if not watch for a couple of weeks, you'll get a better deal.. unless of course the market reverses and the techs start rising again. Earnings are almost over, most the big guys have reported without much success so unless a lot of institutions buy in the open market I'm sure we will see Red Hat do what most of the rest of the new tech IPO's have done.. run up, run down, run up, run down... just gotta catch the right down.
Check the literature.. some places have fall out prices that if they exceed 50% or more in gains then the holder can sell with no repercusions. This is so a client can lock in profits and have a good feeling for the company he trades with. If the company doesn't allow this find one that does.
Matter of fact the company I work for has a built in 30% increase you can sell unless otherwise specified by the business itself.
my 2 cents
Seems like being bought by Andover has some... less then pleasant side effects. Well maybe you should just post a small general reply to Andrew's letter here.
Hmmmm.. should I sign up for the tour by Rob?
I didn't see anyone ask this question.. but out of 200 post I could have missed it. Has anyone on the list that can't get in contacted a live E-Trade customer service rep? I'm sure if you tell them who you are, what its for, and all about the shares being held for selected individuals. They should then be able to unrestrict your account to allow you the purchase of the IPO. If this doesn't work then I would contact Red Hat and find out what you have to do (that hasn't been done) in order to get the reserved shares.
just my 2 cents
But they beat the estimates wallstreet had for them. In that respect they are a little strong then what everyone thinks. Never count a company with a loss out.. look at Amazon... Barnes&nobles.com or basically and .com stock except ebay and yahoo.
The one thing your forgeting about the small investors strategy is FAITH. Most small investors don't jump on an IPO unless they have a great amount of faith in a company and don't mind paying the initial price for a stock. Sure its not the best investment strategy and any financial consultant worth a grain of salt will not let you invest this way, but then there is the magic of on-line trading isn't there.
Red Hats IPO like so many others is unpredictable so it may be like Geocities back last October. It ran up, the market took a nose dive and you could pick up the shares cheap, then it started to rise and Yahoo bought them so even if you did pick them up at the IPO you made money if you didn't get discouraged. Then again it could be like Ebays and you'll never see anything near the IPO again.
The best advice I can give is if you really really want a specific number of shares buy maybe half or less on the IPO that way you have some, if it acts like ebay, then if it turns down go ahead and pick up the remaining shares a price you think is decent.
Stocks are a gamble, buy what you know, buy what you don't know, just make sure you diversify your holdings so you don't get burned in the long run.
I think Mr Katz has a little to much time on his hands. The Matrix though a ok movie fell short of a lot of expectations from those that saw it. It may have been a box office hit on it own merits and didn't have the hype of TPM but the only people who will remember it will be the geeks who will compare its special effects to that of the next great "hacker" style movie.
The Phantom Menace will be remembered one for all the hype it produced, and two because its the beginning of the end for Star Wars. Two more movies and then we will have to be content with watching them over and over on DVD, VHS , or what ever media evolves that the place it on. No more to a spectacular saga that has had the world imagination in its grasp for so long.
Comparing TPM and Matrix is also a horrible lapse in judgement on your part for movie most remembered by geeks because we are just now hitting the peak movie season. Who is to say movies like the 13th Floor, or even Austin Powers don't leave a better impression or influence on us and make us remember the Matrix as a movie with sup par acting but some interesting special effects done on an open software system.
TPM will live long after the hype due to its place in the Star Wars family. The Matrix may become a cult classic for wannabe hackers or even theorist to ponder over but that is the extent of it.
He is a billionaire, and normally his lawyers do what he says, but the interviews I've been reading state that he let them do all the dealing in this matter so he could focus all his attention into the making of the movie and not the standard corporate work. I'm sure he established the rules a long time ago as far as how business should be conducted in this type of matter and thats probably what his lawyers followed. As far as hand on with the marketing, tie ins and all the related hype he didn't have any direct relation beside possibly policy, which was set awhile ago.
The only problem I see with this article is it's attack against Lucas as a money hungry movie maker. He has had no hand in the marketing, besides the release date, or the liscensing of the rights. That is done by a bunch of money grubbing lawyers. I have read many interviews and in all Lucas has stated he didn't want this much hype , because along with hype comes expectations, and if you fail those expectations then you will fail completely. I think the major reason for all the hype is all of us 20 somethings that grew up with Star Wars have been calling for more and we finally get it and all we do now is complain about what we are seeing.
If US code is just code written in the US by anyone then yeah it definitely has more than 10%. If US code means only code that is copyrighted and possibly proprietary, then no I don't think there is over 10%. If there is over 10% then maybe you should suggest FreeBSD, most Linux apps work under it with some minor adjustments ( atleast the ones I've tried ). But since it is freely available, there shouldn't be any problem exporting it since anyone can download it off the internet.
Caldera has said that once everything set with LIZARD they will be releasing the code, so if it becomes an exceptional loader we may see it in all Linux distro. As far as GNOME goes Its a bugger to install under COL 2.2, with RH 6.0 it replaces FVWM95 as the default winmanager which I found quite nice. Hopefully COL will start having it as an option instead of KDE.
You are probably right, but up to this point its just been a judge listening to testimony. And he probably is getting a better deal with the plea due to the stigma Hackers get in the general public now days.
Lizard, the new install tool by Caldera is nice for a new user just getting started, but if you don't have a supported video card it can be a pain in the a$&. Though COAS is nice, I was able to compile ide-scsi on the fly and burn a cd no problem.
That would all be fine, if this was a jury trial. He is being in front of a judge only(that is what is infered by what I have read) , no jury will ever hear his case unless he brings a civil suit against one of the plantiffs. And the wording in the letters, whether what we see is correct or edited, has calculated losses, which can be reasoned as physical removal.
We all know he is guilty of theft, but the question lies in how the companies value their loss since to our knowledge Kevin was the only one with the copies. If I was to steal a copy of a Monet, for my own personal use, would I be charge the full price of the original if I'm caught?
If the companies claim their source as part of their intrinsic value(book value) then the losses they are saying happened need to be reported to share holders. Since nothing has been reported to share holders then either they don't consider their software a "valuable" part of their company or the SEC hasn't seen the letter yet.
A report just came over the Dow newswire that BE did file for an IPO with the SEC. It looks like they will be selling about 57.5 million dollars worth of shares. No underwriter was named or an estimated price.
Last I saw on the newswire was that Comcast was talking to AOL & M$ in an attempt to gather a little extra financial support to out bid AT&T. That maybe why their talking is to try and work out an agreement for their on-line services if they do help Comcast back it financially.
You never see this happen in Switzerland either were everyone has a hand gun. Its not the laws on guns that are the problem. Its not the games, movies , or anything else either. Scapegoats are only good for political gains. Blame the mental state of the person doing the shooting, which in this case we can't because they committed suicide.
There are people out there that get a high on hurting, even killing people, just like there are people who get a high off of living a clean life. We just need to remember this is not a perfect world and we are not perfect people, so why do we all act as if there is such a thing as Utopia?
When I was in High School I dressed all in Black, wore a trench coat in all types of weather and played D&D, doom, shadow run , and anything else that stimulated my mind and imagination. I was a part of a "Trench Coat Gang". Our gaming was our release, we did it to vent our frustration, not use it as a training tool like the media makes it out to be. We didn't kill anyone, sure we made bombs but what kid hasn't. Living on 14 acres of land allowed me to do as I pleased without harming anyone or anything but trees and dirt.
I think the media needs to pay more attention to the mind set of the teens and their parents. Sure no parent wants to be labeled as BAD but with society today you can't spank a child thats bad or even raise your hand as a threat. I'm not that old but if more kids today were disciplined like the "old" days maybe right and wrong would be ingrained a little better into children IMHO, and we wouldn't see as many if any of these school murders that have taken place in the last 2 years.
RedHat has done nothing but make a name for itself in the eyes of the Corporate & layman world. True you say Linux and the basic computer user will say RedHat in response but so what? If it give people a stepping platform from which to spring let it. I use it along with Caldera and have never had any incompatibilities execept not having the glibc in Caldera.
Once someone starts using Linux whether it is RedHat or something else.This will get them to start reading and gathering more information and see that there are other distibutions out there.
The only fear I have is if/when RedHat goes public and the possibility of board members that are from proprietary companies can start steering the ship. Thats when we should start worrying or start buy as much of their stock as possible to keep them heading the right direction.
I was able to get on the the floor, see the keynotes, and the exhibits for free. Just look at the application form.
The only problem is that Billy is taking about sales in general. The witness was talking about profitability on the windows os in general. There was an article in ZD that had a MS exec. saying the above statement, basicly he said that they can track sales but not how much they make from the sales on their computers...... YEAH RIGHT
It's suppose to ship "around" the time of the others release but they haven't specified an exact date yet. It could be a day or a week after the Win version ships, possibly longer depending on what the beta finds
If you read your E-mail we only have until March 26 to do our testing.
Yes I was chosen too.