They can encode information in the cents amounts. All sale items end in.92, all closeouts end in.95, etc. Walmart and Costco are pretty agressive w/ this approach. REI gives no membership points on items bought that end in.98.
these are andover.net shares, multiply by.45 to convert into LNUX shares.
From the ANDN Registration statement: (http://www.freeedgar.com/search/ViewFilings.asp?C IK=1093580&Directory=950135&Year=99&SECIndex=5494& Extension=.tst&PathFlag=0&TextFileSize=452369&SFTy pe=&SDFiled=&DateFiled=12/3/1999&SourcePage=Filing sResults&UseFrame=1&OEMSource=&FormType=S-1/A&Comp anyName=ANDOVER+NET+INC)
Under the terms of the Asset Purchase Agreement between BlockStackers, Inc.
and Andover.Net, dated as of June 18, 1999, Andover.Net purchased those assets
of BlockStackers relating to the Slashdot.org web site for 1.5 million in cash
paid at closing and maximum future cash payments of $3.5 million payable over
the next two years contingent on the continued employment of two key employees.
Maximum future stock consideration of $7.0 million is payable over a period of
two years following this offering. For the purposes of these issuances, the
number of shares of common stock to be issued is determined using an assumed
initial public offering price of $16.50 per share. Thus, the total consideration
that will be paid is valued at $8.5 million and the maximum contingent consideration payable is $3.5 million.
All consideration has been or will be paid to BlockStackers. The number of
shares paid is contingent on the continued employment of two key employees and
the achievement of performance milestones relating to traffic on the web site.
- 121,212 shares issuable upon the closing of this offering;
- 60,606 shares issuable seven months after the closing of this offering;
- 40,404 shares issuable 12 months after the closing of this offering;
- 80,808 shares issuable 12 months after the closing of this offering
provided that the milestones in the agreement have been met;
- 40,404 shares issuable 24 months after the closing of this offering; and
- 80,808 shares issuable 24 months after the closing of this offering
provided that the milestones in the agreement have been meet
"Using violence to advance one's political goals."
I believe those aiming to restrict our freedoms fit that definition pretty well
CEO - $3.4 Million Bonus for CH. 11
on
Rhythms Flatlines
·
· Score: 1
The CEO signed a contract with a $3.4M bonus to guide Rhythm's through Bankruptcy. They called it a 'retention bonus' where he is paid $100K per month, to suffer the 'indignity' of working for a bankrupt company- I guess.
Contract
For that much money, I would have thought he would have had a better plan than 'fire everybody and turn off the network.'
Anyway, the future of Rythms is a lawsuit. They are suing Verizon for $4 BILLION in damages for obstructing competition. The lawsuit will continue through bankruptcy(they are even taking on new investors to help fund the suit in return for a cut of the award) Makes yesterday's slashdot post on the Verizon $1.5M a month fines a little more meaningful.
Why can't they just offer the channels I want.
event but to get that I needed to buy 50+ extra channels. Not worth it in my opinion.
You just want 20 channels not 500?
Ok, that will be $50.00 per month.
DirectTV's costs are not deliniated on a "per channel" basis. They have very high fixed costs ie. satellites. The marginal costs of adding the other 480 channels you your "favorite 20" is negligble. this idea that the cost of 20 channels should be "20/500 x monthly cost" shows an extreme naivete in the way business works.
Same false logic that if record companies sold music by the song than that hit single you like would only cost 1/10 x $15.00 == $1.50. Weell, no average "hit group" only produces 1 hit single per year. I doubt your $1.50 mp3 download would support music creation effort behind that years worth of work.
... you need to read some classic Raster code. I suggest Enlightenment 14.0. The elegance can move a geek to tears. To see the subltle gravity of his code, where just one loop can bring tears to the CPU.
You too will be moved to ask a question similar to that ancient riddle: can god make a stone he cannot lift?
Can Raster make a performance killing kluge that he would flinch at?
Learn my son, learn. Only after can you be prepared to work on gnome-pannel.
Slashdot Mirror
They can encode information in the cents amounts. All sale items end in .92, all closeouts end in .95, etc. Walmart and Costco are pretty agressive w/ this approach. REI gives no membership points on items bought that end in .98.
i think Linus is more concerned about TMTA
(just look at the charts over on Nasdaq )
these are andover.net shares, multiply by .45 to convert into LNUX shares.
C IK=1093580&Directory=950135&Year=99&SECIndex=5494& Extension=.tst&PathFlag=0&TextFileSize=452369&SFTy pe=&SDFiled=&DateFiled=12/3/1999&SourcePage=Filing sResults&UseFrame=1&OEMSource=&FormType=S-1/A&Comp anyName=ANDOVER+NET+INC)
From the ANDN Registration statement: (http://www.freeedgar.com/search/ViewFilings.asp?
Under the terms of the Asset Purchase Agreement between BlockStackers, Inc. and Andover.Net, dated as of June 18, 1999, Andover.Net purchased those assets of BlockStackers relating to the Slashdot.org web site for 1.5 million in cash paid at closing and maximum future cash payments of $3.5 million payable over the next two years contingent on the continued employment of two key employees. Maximum future stock consideration of $7.0 million is payable over a period of two years following this offering. For the purposes of these issuances, the number of shares of common stock to be issued is determined using an assumed initial public offering price of $16.50 per share. Thus, the total consideration that will be paid is valued at $8.5 million and the maximum contingent consideration payable is $3.5 million. All consideration has been or will be paid to BlockStackers. The number of shares paid is contingent on the continued employment of two key employees and the achievement of performance milestones relating to traffic on the web site. - 121,212 shares issuable upon the closing of this offering; - 60,606 shares issuable seven months after the closing of this offering; - 40,404 shares issuable 12 months after the closing of this offering; - 80,808 shares issuable 12 months after the closing of this offering provided that the milestones in the agreement have been met; - 40,404 shares issuable 24 months after the closing of this offering; and - 80,808 shares issuable 24 months after the closing of this offering provided that the milestones in the agreement have been meet
I believe that janet hoolian (secratary at Andover.net) had more shares than rob
"Using violence to advance one's political goals."
I believe those aiming to restrict our freedoms fit that definition pretty well
The CEO signed a contract with a $3.4M bonus to guide Rhythm's through Bankruptcy. They called it a 'retention bonus' where he is paid $100K per month, to suffer the 'indignity' of working for a bankrupt company- I guess.
Contract
For that much money, I would have thought he would have had a better plan than 'fire everybody and turn off the network.'
Anyway, the future of Rythms is a lawsuit. They are suing Verizon for $4 BILLION in damages for obstructing competition. The lawsuit will continue through bankruptcy(they are even taking on new investors to help fund the suit in return for a cut of the award) Makes yesterday's slashdot post on the Verizon $1.5M a month fines a little more meaningful.
Why can't they just offer the channels I want.
event but to get that I needed to buy 50+ extra channels. Not worth it in my opinion.
You just want 20 channels not 500?
Ok, that will be $50.00 per month.
DirectTV's costs are not deliniated on a "per channel" basis. They have very high fixed costs ie. satellites. The marginal costs of adding the other 480 channels you your "favorite 20" is negligble. this idea that the cost of 20 channels should be "20/500 x monthly cost" shows an extreme naivete in the way business works.
Same false logic that if record companies sold music by the song than that hit single you like would only cost 1/10 x $15.00 == $1.50. Weell, no average "hit group" only produces 1 hit single per year. I doubt your $1.50 mp3 download would support music creation effort behind that years worth of work.
... you need to read some classic Raster code. I suggest Enlightenment 14.0. The elegance can move a geek to tears. To see the subltle gravity of his code, where just one loop can bring tears to the CPU. You too will be moved to ask a question similar to that ancient riddle: can god make a stone he cannot lift? Can Raster make a performance killing kluge that he would flinch at? Learn my son, learn. Only after can you be prepared to work on gnome-pannel.
Orinoco(WaveLAN) works out of the BOX on SuSE 7.0. and it rocks.