Seriously, you just buy 100 computers, one with the correct version of one of the distros of Linux preinstalled and configured. Then you mirror it to all the others.
Gee, that was so hard.
Oh, and you get StarOffice on it, while popping StarOffice onto all your old Windows PCs, so that everyone has it available.
I stand corrected. I figured they didn't qualify for the lower rate and I had to read some of the documents really really fast, so that one slipped by me.
But my point is still valid, in that all they have is that $13.02 times 6 million shares.
Of course, now that the IPO was successful, they can issue stock (is it 180 days or 90?) in small drips that will get them a lot of cash.
Seriously, when I got my E*Trade account, I had to use a different login than WAFFLECK, as someone was already using that. Is there any way to get a user login list or somesuch? Just curious.
If you're afraid to attach your name, of course you won't get anything. Which is why Anonymous Cowards are given lower moderation points...
On the phone Monday late afternoon. After the Affinity group's extended extended extended deadline had passed. This week.
Note I may not be quite like everyone else, in that I phoned them and talked to a broker to reconfirm my interest at the $12-$14 level. So I actually could say that I had reconfirmed.
100 shares of RHAT on the wall, 100 shares of RHAT. Take one down, pass it around....
Seriously. We can and we will. After all, don't we (the US) own the Net? Of course we do.
It's not like we care what the rest of the world thinks (common non-US mistake #1 - assuming we care about what you think).
Have a nice UCITA day. Aren't you glad you were more worried about the Red Hat IPO than UCITA? Aren't you glad you never contacted your state's governor, attorney general, state senators and representatives?
Under UCITA, they can impose new rules on you without agreement or notification. You don't even have to know they exist. And it is legally enforceable, plus they can disable any and all software (e.g. your browser which has a WHOIS component) remotely and not be liable for negative side effects (e.g. it don't work no more).
That's the beauty of UCITA. Which is a series of regulatory laws going through every state legislature in the US, which we will enforce on the entire world (why? because we can). Of course, you might want to give your opinion of this to your governor, attorney general, and state senators and representatives.
Seriously, it's still enforceable even if you didn't know it was there.
Which is why MSFT and a number of other software companies are forcing the UCITA consumer laws through the individual states, hoping noone complains to their governor, attorney general, or state senators and representatives.
Seriously, shrink wrap is enforceable for provisions on a web site you haven't even read.
If you don't like the new UCITA laws that are being approved over the next two to three months in every state in the US, complain to your governor, attorney general and state senators/reps. Because this is what the new UCITA regulations mean.
And, if you don't live in the US, tough. We will enforce our laws on you anyway. Sure, we have no right to do so, but we do it anyway.
Whoa. I'm a dual citizen of the US and Canada and have filed dual income tax forms a number of times. The Canadian one taxed some of my US income, but the US one just said "Do you make more than $70K? If so, you owe us money. If not, get lost."
Well, under the newly proposed UCITA laws for software, this is totally legal.
Oh, you mean you didn't know that the states are already taking away your rights? Then you should be contacting your state's governor, attorney general, state senators, and state representatives or else you're stuck with it.
Hmmm. Well, since I wasn't in the Affinity group, who could get up to 400 shares, but in the second (normal trading) group, it looks like, after they reviewed my account and the fact that I had qualified for the first round and then verbally confirmed for the second round with a broker the afternoon prior to the whoosh-answer-this-alert-before-you-get-it second round redo, that I got 100 shares.
Hold till you're old.
P.S.: Now I just have to wait for the 30 day and 90 day and 180 day periods to snap some up at cheapbytes prices.
It's like the Net. I remember VP Gore going for the Information Superdooperhighway and the local papers pushing The Internet.
But the reality is that we use English and we pronounce it the easiest way we can. And since some of us said the Net, we pushed it and... it's the Net.
Yup. I too think we need an investor news icon, maybe the stock symbol with a dollar sign overlaid. Could be used for all IPOs of Linux and BSD, etc. as well as discussions about E*Trade and other online brokers.
Seriously, Red Hat only got the IPO cash. The company has not sold any new shares past the IPO yet, they're not allowed to. And the price they got would be about $10.80 per share issued, which is not the same as the valuation price.
While I have upped my original projections from the $20-$30 per share range to the $30-$35 per share range sometime around the end of this month, I still think we'll close the year (well, ok, maybe early December) around $100 per share.
Please, do panic and sell your shares, I want to buy them. As you may know, I don't have any yet, but I buy long-term, so I can be patient.
Seriously, though, if cash is critical for you, you could sell now and buy back in below $40, but don't count on getting shares in another E*Trade IPO real soon. Of course, you know how worth while that possibility is...
I've got relatives on Lopez Island and know some people in Friday Harbor (I buy my tickets through Great Getaway Travel in Friday Harbor, but live in Seattle). Like the Cross-Country (US/Canada) Bike Tour concept.
Hmmm. I'd certainly like the chance to go to France and do a Linux bike trip, myself, perhaps one that ended up on the beaches of Cannes?
I can program in French if need be and have a number of friends from France...
And then we can practice our arrogance and say things like "Le Microsoft, c'est un batard! Merde!" And argue about distros in drunken bar fights, while wearing racing jackets (and caps) with our distros on them.
Seriously, you just buy 100 computers, one with the correct version of one of the distros of Linux preinstalled and configured. Then you mirror it to all the others.
Gee, that was so hard.
Oh, and you get StarOffice on it, while popping StarOffice onto all your old Windows PCs, so that everyone has it available.
;-)
Hey, I put more money into International Stock Mutual Funds then I have in Red Hat ...
Yeah, you can pick up MSWD with a really low P/E right now. But I'm sitting on a lot of cash, more than I like to.
I'm putting this first 100 shares in a mental lockbox. I may buy more and sell it, but I think I'll keep this initial allotment for a long time.
I'll pay you $20 per share for them.
But then, I already have enough money to retire invested in a lot of other things, so I can do this.
Anyone want to do Cannes next year?
We can wear red hats and be nouveau-geeks.
I stand corrected. I figured they didn't qualify for the lower rate and I had to read some of the documents really really fast, so that one slipped by me.
But my point is still valid, in that all they have is that $13.02 times 6 million shares.
Of course, now that the IPO was successful, they can issue stock (is it 180 days or 90?) in small drips that will get them a lot of cash.
Seriously, when I got my E*Trade account, I had to use a different login than WAFFLECK, as someone was already using that. Is there any way to get a user login list or somesuch? Just curious.
...
If you're afraid to attach your name, of course you won't get anything. Which is why Anonymous Cowards are given lower moderation points
On the phone Monday late afternoon. After the Affinity group's extended extended extended deadline had passed. This week.
....
Note I may not be quite like everyone else, in that I phoned them and talked to a broker to reconfirm my interest at the $12-$14 level. So I actually could say that I had reconfirmed.
100 shares of RHAT on the wall, 100 shares of RHAT. Take one down, pass it around
Hmmm. OK, how about a garbage can with a dollar sign painted on it in bloody, dripping red?
Even more fun.
They don't even have to tell you that the license agreement changed.
Just like in the @Home case.
And it is or will be legally enforceable, because noone contact(ed) their state's governor, attorney general, state senators or state reps.
And we will enforce it on the rest of the world. Why? Because we can.
Seriously. We can and we will. After all, don't we (the US) own the Net? Of course we do.
...
It's not like we care what the rest of the world thinks (common non-US mistake #1 - assuming we care about what you think).
Have a nice UCITA day. Aren't you glad you were more worried about the Red Hat IPO than UCITA? Aren't you glad you never contacted your state's governor, attorney general, state senators and representatives?
Of course you are
Under UCITA, they can impose new rules on you without agreement or notification. You don't even have to know they exist. And it is legally enforceable, plus they can disable any and all software (e.g. your browser which has a WHOIS component) remotely and not be liable for negative side effects (e.g. it don't work no more).
That's the beauty of UCITA. Which is a series of regulatory laws going through every state legislature in the US, which we will enforce on the entire world (why? because we can). Of course, you might want to give your opinion of this to your governor, attorney general, and state senators and representatives.
Have a nice day.
Seriously, it's still enforceable even if you didn't know it was there.
Which is why MSFT and a number of other software companies are forcing the UCITA consumer laws through the individual states, hoping noone complains to their governor, attorney general, or state senators and representatives.
Have a nice day in Orwellian America.
Seriously, shrink wrap is enforceable for provisions on a web site you haven't even read.
If you don't like the new UCITA laws that are being approved over the next two to three months in every state in the US, complain to your governor, attorney general and state senators/reps. Because this is what the new UCITA regulations mean.
And, if you don't live in the US, tough. We will enforce our laws on you anyway. Sure, we have no right to do so, but we do it anyway.
Whoa. I'm a dual citizen of the US and Canada and have filed dual income tax forms a number of times. The Canadian one taxed some of my US income, but the US one just said "Do you make more than $70K? If so, you owe us money. If not, get lost."
Well, under the newly proposed UCITA laws for software, this is totally legal.
Oh, you mean you didn't know that the states are already taking away your rights? Then you should be contacting your state's governor, attorney general, state senators, and state representatives or else you're stuck with it.
More info on www.infoworld.com and www.pcweek.com
The day MSFT goes open source is the day they publish all their "extensions" to the protocol.
...", Bill G says.
"Oh, but we don't have any
Yeah, right.
So why didn't you just get it through cheapbytes, instead of wasting our time?
Then we could have just ignored you.
Mein gott! I am so confused. Next you will tell me that there's better Chinese character support in yet another distro!
...
;-)
At last, some non-RH news
Hmmm. Well, since I wasn't in the Affinity group, who could get up to 400 shares, but in the second (normal trading) group, it looks like, after they reviewed my account and the fact that I had qualified for the first round and then verbally confirmed for the second round with a broker the afternoon prior to the whoosh-answer-this-alert-before-you-get-it second round redo, that I got 100 shares.
Hold till you're old.
P.S.: Now I just have to wait for the 30 day and 90 day and 180 day periods to snap some up at cheapbytes prices.
Linn-ucks. Linux.
... it's the Net.
It's like the Net. I remember VP Gore going for the Information Superdooperhighway and the local papers pushing The Internet.
But the reality is that we use English and we pronounce it the easiest way we can. And since some of us said the Net, we pushed it and
So, live with it, it'll be Lynn-ucks.
Yup. I too think we need an investor news icon, maybe the stock symbol with a dollar sign overlaid. Could be used for all IPOs of Linux and BSD, etc. as well as discussions about E*Trade and other online brokers.
Seriously, Red Hat only got the IPO cash. The company has not sold any new shares past the IPO yet, they're not allowed to. And the price they got would be about $10.80 per share issued, which is not the same as the valuation price.
Yeah, I've been printing out a bunch of the news items and I should file sometime this week myself.
Congrats to all the linux geeks in on the IPO. Remember that you're owners now! Don't sell out if you don't need to.
While I have upped my original projections from the $20-$30 per share range to the $30-$35 per share range sometime around the end of this month, I still think we'll close the year (well, ok, maybe early December) around $100 per share.
...
Please, do panic and sell your shares, I want to buy them. As you may know, I don't have any yet, but I buy long-term, so I can be patient.
Seriously, though, if cash is critical for you, you could sell now and buy back in below $40, but don't count on getting shares in another E*Trade IPO real soon. Of course, you know how worth while that possibility is
I've got relatives on Lopez Island and know some people in Friday Harbor (I buy my tickets through Great Getaway Travel in Friday Harbor, but live in Seattle). Like the Cross-Country (US/Canada) Bike Tour concept.
Still think France would be more fun, though.
Hmmm. I'd certainly like the chance to go to France and do a Linux bike trip, myself, perhaps one that ended up on the beaches of Cannes?
...
I can program in French if need be and have a number of friends from France
And then we can practice our arrogance and say things like "Le Microsoft, c'est un batard! Merde!" And argue about distros in drunken bar fights, while wearing racing jackets (and caps) with our distros on them.
Anyone else up for this?