Seriously, what's with MSFT putting up a server without a decent UPS? I checked with some buds and they all have UPS and they just flickered the UPS lights a few times as they handled the lightning strikes.
So, no, this is NOT reasonable as an excuse. Operating a server, especially a web server, without a UPS in the Seattle region is sheer incompetence. A webmaster who did that without orders from above forcing him/her to not use a UPS would be fired.
What's with all these Read More links for every single comment! When slashdot overloads this is so annoying that I'll do anything to get rid of having EVERY SINGLE POST have a Read More link.
on the phone to them, one of the guys found out that anyone who got in on the Conditional Offer has the same basic chances as follows:
A. First, do all offers have enough money to cover 100 shares at final IPO price. If not, drop the offers without cash to cover. So if you've only got $1000 and it's $12 per share plus $14.95, you're out.
B. Second, do the remainder of A cover all of the shares available. If more shares remain, go to C. If less shares, randomly allocate 100 shares to those who were in the remainder of A.
C. All people with 100 shares or more offers are filled with 100 shares. The remainder is now randomly allocated up to the amount specified. Not sure of the allocation past this point.
D. If bump up in IPO, requalify all. Apply limits if specified and drop out those under limits. Not sure what happens to those who checked IPO price range.
E. If the wire didn't reach them by end of day prior to IPO, too bad. 8/10 is day prior now. Not sure what happens with checks.
F. IPO happens.
G. If you sold your allocation in full, you are on bad list for IPOs, unless you have so much money they don't want to lose you as a customer (a million, say). If you sold part of your allocation, it depends on how well this worked for handling the float - if it let the IPO skyrocket but not have a spread of more than $5 (perhaps), then maybe they'll consider it. If you sold none, they love you.
Of course, when it drops below $5 the next day, you're not so happy, but at least E*Trade loves you...
Both are good. But Capital Preservation is bad, it means you can't tolerate losses. As is Income, since IPOs don't usually have income for a few years.
But then, we've got lots of cash stuffed away in retirement accounts here. And a bunch of us worked for local hi-tech firms and have exercised stock options before.
I doubt we're typical of most Linux geeks, though.
I got in at 1:45 PM PST and after checking if a few of the Linux geeks here were doing it, ran into one who hadn't at about 3:00 PM PST. He had just that day got his account active, and managed to get in for 100 shares. Probably one of the last ones.
If you don't have an E*TRADE account, the IPO is August 9 (Monday). Only market orders will tend to execute for most of the day, not limits.
Your best bet is wait till end of August or early September for the post-IPO dip, when you should be able to pick it up in the $20+ range, as opposed to first day, when it might be over $40 per share.
My grandma had a stock certificate for $10K that was worth nothing, whic she kept in her safe deposit box from the Great Depression, to remind her that this can happen.
Of course, she ended up dying a millionaire, but it's still pretty risky.
Just completed the Questionnaire and, after filling it out honestly (which you may not want to do unless you've got a lot of cash and have traded for a few years as an Aggressive Growth trader), was approved for conditional offer.
Hope they don't reprice, but since tech IPOs are down, maybe we'll luck out.
No, it is easy. Most people who get that error message will assume it was something they did.
You or I might find the code, but noone said GPL had to be "good" code. It just has to warn that "bad versions of the kernel are in use" and offer to recompile with "good versions". I.E.: kill the MSFT "extensions" and replace them with good code.
If they want they can comment out the code and rerun the make. But 90+% won't.
Face it, even Al Gore gives more of a percentage of his total income and wealth than Bill G. On a proportional level, Bill G is just starting to behave in an almost human fashion, after years of being a piker.
Think about it, he has $100 billion. His value rose by more than $40 billion last year. If he gave away $1 billion, it would only be 2.5% of his increased wealth. When it gets into the multi-billions per year, I'll give him credit for philanthropy.
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Seriously, what's with MSFT putting up a server without a decent UPS? I checked with some buds and they all have UPS and they just flickered the UPS lights a few times as they handled the lightning strikes.
So, no, this is NOT reasonable as an excuse. Operating a server, especially a web server, without a UPS in the Seattle region is sheer incompetence. A webmaster who did that without orders from above forcing him/her to not use a UPS would be fired.
'Nuff said!
What's the point of viewing comments if it turns every single comment into a Read More link?
You might as well just shoot yourself when this happens.
What's with all these Read More links for every single comment! When slashdot overloads this is so annoying that I'll do anything to get rid of having EVERY SINGLE POST have a Read More link.
STOP STOP STOP STOP STOP
sigh.
That's 24 minutes uptime per week, 7 hours a year, and 99% downtime.
Far exceeeding usual MSFT standards.
Oh, ok, Redmond. But we had storms here in Seattle and our UPS worked fine. No backup generators like they have, either.
Seriously, if you can't hack the rain, move back to New Mexico, Bill.
Haven't they ever heard of a decent UPS? Even I have a mid-grade UPS. You'd think Bill G could just put one on his corporate credit card ...
Exactly. And maybe you can get VA Linux Systems when it IPOs.
Me, I'm too heavy in tech right now. Think I'll mellow out till the fall or a nice 20% market correction.
(I'm not joking)
Seriously, what did you expect?
If you want full service, pay for it.
on the phone to them, one of the guys found out that anyone who got in on the Conditional Offer has the same basic chances as follows:
...
A. First, do all offers have enough money to cover 100 shares at final IPO price. If not, drop the offers without cash to cover. So if you've only got $1000 and it's $12 per share plus $14.95, you're out.
B. Second, do the remainder of A cover all of the shares available. If more shares remain, go to C. If less shares, randomly allocate 100 shares to those who were in the remainder of A.
C. All people with 100 shares or more offers are filled with 100 shares. The remainder is now randomly allocated up to the amount specified. Not sure of the allocation past this point.
D. If bump up in IPO, requalify all. Apply limits if specified and drop out those under limits. Not sure what happens to those who checked IPO price range.
E. If the wire didn't reach them by end of day prior to IPO, too bad. 8/10 is day prior now. Not sure what happens with checks.
F. IPO happens.
G. If you sold your allocation in full, you are on bad list for IPOs, unless you have so much money they don't want to lose you as a customer (a million, say). If you sold part of your allocation, it depends on how well this worked for handling the float - if it let the IPO skyrocket but not have a spread of more than $5 (perhaps), then maybe they'll consider it. If you sold none, they love you.
Of course, when it drops below $5 the next day, you're not so happy, but at least E*Trade loves you
Both are good. But Capital Preservation is bad, it means you can't tolerate losses. As is Income, since IPOs don't usually have income for a few years.
I said yes to AG and G, and no to CP and I.
Seriously, I just figured if they usually opened around 2PM PST and the friends and family closed on the 3rd, that the 4th was the day to play.
So I checked about six times today and lucked in.
They only exist on the .mil side, but expect to see them on .com in the next century.
Oh, c'mon, how long did you really think it would be before they wake up?
Seriously, though, this will probably exist within the next two years, as they complete the port of MSFT Office onto Linux.
But then, we've got lots of cash stuffed away in retirement accounts here. And a bunch of us worked for local hi-tech firms and have exercised stock options before.
I doubt we're typical of most Linux geeks, though.
Whoo, that was fast!
I got in at 1:45 PM PST and after checking if a few of the Linux geeks here were doing it, ran into one who hadn't at about 3:00 PM PST. He had just that day got his account active, and managed to get in for 100 shares. Probably one of the last ones.
Seriously, do you have the cash to cover a double order by Wednesday (Monday + 2 days)?
If you want the IPO and have an E*TRADE account.
If it's still open.
If you don't have an E*TRADE account, the IPO is August 9 (Monday). Only market orders will tend to execute for most of the day, not limits.
Your best bet is wait till end of August or early September for the post-IPO dip, when you should be able to pick it up in the $20+ range, as opposed to first day, when it might be over $40 per share.
Yeah, like Salon.com (SALN), which trades for $8.50 now and IPO'd at about $10. I've got 250 shares of them that I got at $9.50.
If you can't stand the fire, don't play on the stove.
Well, it could happen. This is risky business.
My grandma had a stock certificate for $10K that was worth nothing, whic she kept in her safe deposit box from the Great Depression, to remind her that this can happen.
Of course, she ended up dying a millionaire, but it's still pretty risky.
Just completed the Questionnaire and, after filling it out honestly (which you may not want to do unless you've got a lot of cash and have traded for a few years as an Aggressive Growth trader), was approved for conditional offer.
...
Hope they don't reprice, but since tech IPOs are down, maybe we'll luck out.
Hard to read a 96 page document that fast
No, it is easy. Most people who get that error message will assume it was something they did.
You or I might find the code, but noone said GPL had to be "good" code. It just has to warn that "bad versions of the kernel are in use" and offer to recompile with "good versions". I.E.: kill the MSFT "extensions" and replace them with good code.
If they want they can comment out the code and rerun the make. But 90+% won't.
This would be a good method. Remember how MSFT killed off other DOS versions by that sneaky "error" message if you didn't use their DOS?
I strongly encourage this, should MSFT try to pollute\\\\\\\extend Linux.
Sheesh. Do your homework.
And as someone who's a dual citizen, you have no idea how restrictive the Canadian government is about US workers. Or used to be, I hope.
Well, that puts my mind at ease.
Never mind biochemical warfare, let's just release killer flu bugs (which killed more people than WWI did at the same time).
Bright. Real bright.
And I'm at ground zero in Seattle.
Face it, even Al Gore gives more of a percentage of his total income and wealth than Bill G. On a proportional level, Bill G is just starting to behave in an almost human fashion, after years of being a piker.
Think about it, he has $100 billion. His value rose by more than $40 billion last year. If he gave away $1 billion, it would only be 2.5% of his increased wealth. When it gets into the multi-billions per year, I'll give him credit for philanthropy.