>>I'm hanging onto my stock. I'll sell it when VA Linux goes public so I can get in their IPO. Feel free to flip your RHAT, so that you won't get any VA Linux stock, so there will be more for me.
This assumes E*Trade gets a piece of the VA Linux IPO. Of course the odds of that probably decrease the more E*Traders flip their RHAT. (I want to get into RHAT for the long term.)
Good points, but one that needs to be clarified: E*Trade says it would prefer that you hold on to your IPO shares for at least 30 days but doesn't prohibit you from selling whenever you want.
If you sell before 30 days, though, E*Trade says you might get lower priority in allocations of future IPOs you're interested in. E*Trade's reasoning is that it can get in on more IPOs if it has a record of helping newly public companies gain stability in the aftermarket. I suppose that makes sense.
So one question I have for all the other geek investors here: If RHAT opens at, say, double or triple the offering price, do you sell right away or hold on at least 30 days? And aside from what E*Trade might think of you, if you sell on Day One, does that make you A Bad Person?
No, the week before last -- when the IPO market was still red-hot -- several companies bumped up their ranges within days of pricing. If I'm not mistaken MP3.com raised its range twice in the last week before coming out, and then priced at or just above the top of the final estimated range. (Now MPPP is down more than half from its opening-day peak of 60+...) Just today Homestore.com more than doubled its range from $8-10 to $18-20, with pricing expected tonight for opening tomorrow.
OTOH, Be Inc. lowered its range just before coming out. But I wouldn't draw too many inferences from BEOS for a Linux-related IPO.
I also wouldn't draw great inferences from RHAT (OS vendor/supporter and wannabe Web portal, and *not* in that order, if you read the S-1) for VA (hardware vendor and already far more successful Web portal, with linux.com currently getting 10x redhat.com's traffic).
I'd hold the cheers until RHAT actually comes out. The IPO market has been in the dumper the past week for most offerings, and tech stocks have been battered all the way around. They ain't kidding when they say IPOs are particularly speculative investments.
That said, I've just placed my conditional offer... I'm looking at this as a longer-term buy anyway. I'd just rather not kick myself if RHAT comes out and dips below the offering price.
It's worth noting (the original) President John F. Kennedy's famous proclamation "Ich bin ein Berliner." Of course anyone who's ever been to a bakery in Germany can tell you that a Berliner is the German name for a jelly donut. So whoever it was who got called a donut here is in good (if rather dead) company.
Those emails certainly are an embarrassment to the Linux community, but what is Mindcraft trying to prove by posting them prominently? What does that crap have to do with Mindcraft's stated mission: software, system and network testing?
"peer-reviewed software"
on
Linux on CNN
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· Score: 1
Instead of or in addition to "open source," a good label is "peer-reviewed software." The concept would be far easier to explain to non-programmers, and would resonate better with people interested in quality but who aren't ever likely to muck with the source themselves.
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>>I'm hanging onto my stock. I'll sell it when VA Linux goes public so I can get in their IPO. Feel free to flip your RHAT, so that you won't get any VA Linux stock, so there will be more for me.
This assumes E*Trade gets a piece of the VA Linux IPO. Of course the odds of that probably decrease the more E*Traders flip their RHAT. (I want to get into RHAT for the long term.)
Good points, but one that needs to be clarified: E*Trade says it would prefer that you hold on to your IPO shares for at least 30 days but doesn't prohibit you from selling whenever you want.
If you sell before 30 days, though, E*Trade says you might get lower priority in allocations of future IPOs you're interested in. E*Trade's reasoning is that it can get in on more IPOs if it has a record of helping newly public companies gain stability in the aftermarket. I suppose that makes sense.
So one question I have for all the other geek investors here: If RHAT opens at, say, double or triple the offering price, do you sell right away or hold on at least 30 days? And aside from what E*Trade might think of you, if you sell on Day One, does that make you A Bad Person?
more likely, watch AC get allocated a whopping 100 shares ... or 0.
No, the week before last -- when the IPO market was still red-hot -- several companies bumped up their ranges within days of pricing. If I'm not mistaken MP3.com raised its range twice in the last week before coming out, and then priced at or just above the top of the final estimated range. (Now MPPP is down more than half from its opening-day peak of 60+ ...) Just today Homestore.com more than doubled its range from $8-10 to $18-20, with pricing expected tonight for opening tomorrow.
OTOH, Be Inc. lowered its range just before coming out. But I wouldn't draw too many inferences from BEOS for a Linux-related IPO.
I also wouldn't draw great inferences from RHAT (OS vendor/supporter and wannabe Web portal, and *not* in that order, if you read the S-1) for VA (hardware vendor and already far more successful Web portal, with linux.com currently getting 10x redhat.com's traffic).
I'd hold the cheers until RHAT actually comes out. The IPO market has been in the dumper the past week for most offerings, and tech stocks have been battered all the way around. They ain't kidding when they say IPOs are particularly speculative investments.
... I'm looking at this as a longer-term buy anyway. I'd just rather not kick myself if RHAT comes out and dips below the offering price.
That said, I've just placed my conditional offer
It's worth noting (the original) President John F. Kennedy's famous proclamation "Ich bin ein Berliner." Of course anyone who's ever been to a bakery in Germany can tell you that a Berliner is the German name for a jelly donut. So whoever it was who got called a donut here is in good (if rather dead) company.
>> And don't worry about the questions, watching slashdot is part of my job and I'll answer whatever I can. Until your quiet period, of course ;-)
Those emails certainly are an embarrassment to the Linux community, but what is Mindcraft trying to prove by posting them prominently? What does that crap have to do with Mindcraft's stated mission: software, system and network testing?
Instead of or in addition to "open source," a good label is "peer-reviewed software." The concept would be far easier to explain to non-programmers, and would resonate better with people interested in quality but who aren't ever likely to muck with the source themselves.
$0.02 from a journalist who runs Linux.