Andover.net tried to negate that as much as possible by offering a "Dutch Auction".
This method is unlike traditional underwriting methods in that it is set up to avoid these huge first day run-ups... insuring most of it goes to the company (those greedy bastards at Andover.net:) The idea is to better determine the price of the offering through an initial bidding process with individuals and institutions.
Funny you mention the tulip bulb mania, because this is where "Dutch Auction" got its name from.
Needless to say, the method did not work very well as Abndover.net still ballooned up 252% at the opening.
It went as high as $230 a share, and is now stabilizing a bit at around $265.
This puts VA Linux at a $1 billion dollar company right now as we speak. Not bad for a company with about $14 million in revenues (they did not profit) last year.... and they were initially trying to raise about $50 million.
Congratulations to those who were able to get some at the offering... for those that got it afterwards, you may be in a bit of trouble!
It went as high as $230 a share, and is now stabilizing a bit at around $265.
This puts VA Linux at a $1 billion dollar company right now as we speak. Not bad for a company with about $14 million in revenues (they did not profit) last year.... and they were initially trying to raise about $50 million.
Congratulations to those that weer able to get some at the offering... for those that got it afterwards, you may be in a bit of trouble!
In a number of fantasy books they portray the elves kind of like this. Basically they don't really care and nothing get's done in terms of actual progress. Pretty archieture that is about 900+ years old but nothing really new.
Ha! That's true... I suppose the Dwarves and Gnomes would be the innovaters, trying to force progress. Never did like those uppity elves:)
Huxley seems to have the clearest vision when it comes to this area. Brave New World is clearly what Gattaca was based on.
Huxley's world was much different than the world of 1984. The majority of control was done subliminally, as oposed to the in your face, non-stop control tactics used in 1984. Instead of repressing sex, Huxley realized that through encouraging open sex, control was all the more easier. In his world, everyone goes around, happily bedding down with anyone they choose and high on drugs. People live well, are fed and babies are grown to exact conditions... who would complain? The only problem comes when an outsider, used to freedom, comes in.
I believe that world has a much greater chance of occuring than the one in 1984 (though I love the book and the vision). Most simply because I do not really believe in true evil. But also because everyone in Huxley's world trully believe they are doing the right thing and those being controlled are genuinely happy.
So I do see the possibility of that future... I think the transformation would be the most difficult (I would certianly try to stop it), but once the ball really started rolling... it would be very difficult to stop.
In short the USA is NOT the world and please dont do the rest of us the injustice to consider that it is.
I don't mean to imply that it is. But I do strongly feel it serves as a wonderful model for others to look at.
Extremists piss you off ? South Africa has had its fair share of them, most of them are still in power, a different set to the last lot agreed but still extremeists, but the injustice to human rights that occured under Apartheit would never have been solved if not for the extremists.
And again, remember I said those were my initial reactions. I do realize the huge value extremists are... despite that I may not agree with a lot of them.
God, how the hell can you DARE to call those 'thoughts', you self-centered, complacent piece of shit!
Well, I wouldn't really call them my actions. "My thoughts" seems to work pretty well... they certainly are not "your thoughts" now are they?
I am so SICK of people like you, who live in their own sense of contentment and assume that the rest of the world must be getting along well, and if someone is complaining they're just whiners busting a gut without any cause. It's people like you who kept black people enslaved for generations.. "Aw, fuck, whining niggers.. they don' t have it so bad!" FUCK YOU!
Oh no, someone who might disagree with you. Great way to react to it though. I certainly enjoy calling people I do not like racist, ignorant pieces of shit. It sure helps drive home the points I try to make;)
I am not going to even adress the fun and neat assumptions you make about me without ever having met me. But I do not mind debating (although yes, it certainly is fun to revert back to 5th grade name calling now & again).
And as to the Romans, Greeks and Persians and their perfect systems? You're even MORE of an ignorant fuck, because anyone who has studied any amount of history knows that the famous democracy of Athens and the Republic of Rome were FABULOUSLY corrupt and wrought with murder, ballot-rigging and scandal to top ANYTHING we've seen today.
Then how did they flourish for so long if things were so god-awful bad? Yes, all those things did happen... but, the real down fall of those society's was the advent of totalitarian rule.
As to the comparison's to other decades; my parents rioted for human equality during a time when our nation unofficially advocated a form of slavery. Do not even try telling me that these riots come close to the importance in that.
So you SHUT UP, you big, hairy, smelly ASS-FACE.... waaaaahhhhh......
I know that certain issues need to be addressed, and that we are far from perfect. But times are definitely not what they were when I felt rioting was appropriate. There is no denying that.
As I said, those are my initial thoughts when I see something like this... after thinking it through more, I know that what you did is a nesecary aspect of our society (and I maintain it is a good one). While it is nothing I would "take to the streets" for, that just proves you are more extreme than I am. Compromise is how things get changed, and without extremists there would be no compromise.
So lets see if your rioting does anything good.
By the way... not only do I like this, I absolutely love it:
Besides, if we have a better way, it is our democratic right to articulate it and implement it. if you don't like it, you can leave.
What does this mean? Well, for starters, pay off your credit cards. And your car. And your house. That's right: be debt free.
I know this is not really the point of your post... but for those who choose to live a little less modestly as you, here is some advice:
Debt is an effective tool if used wisely. Why do you think the majority of succesful companies and governments have debt?
By all means, pay off your credit cards. People often ask me what their best first investment should be, and I always answer, "Pay off your credit card debt". Hell, where else can you easily make 15 - 19%!!??
But for other purchases, do not be afraid to take on debt. Especially with mortgage rates being so low. I will use the example of a house (one a lot of us have experience with):
Who makes out better; the person taking on debt (a mortgage) or the person issuing the loan (the bank)?
I think everyone here can tell me the owner makes out better... not the lender. In most cases the value of the house increases at a faster rate than the mortgage rate, making the debt clearly worth it.
That is the reality of goods from China. Goods that pathetic brainless idiots like you buy.
Yeah... your post certainly did not come from a brainless idiot.
For your information a vast amount of the goods that we buy from the East (not counting Japan) come from Hong Kong, Singapore, Tawain and Malaysia. None of those countries ARE China. Especially in the first three I mentioned, working conditions are very good in those countries.
China has a lot of problems, and employs many unjust methods. But I am not talking about China... I am talking about the United States and that clearly is not what heppens here. Hopefully, by increasing contact with China, their way will change... there is not much we can do to force it.
My first reaction when I read this article and see the reports on the news is anger.
Who the hell do these people think they are? Its like people are needing to invent new reasons to riot because we haven't had a good hum-dinger in a while. We are going through some of the best times in the history of humanity right now... that is not debatable. Unemployment is at an all time low, information and education is available to almost everyone seeking it, the vast majority of epople are optomistic about their future, education is easier and available to more people than ever, travel is easier and cheaper than ever (so you can leave if you don't like it), crime has been in decline for over a decade, social budgets are higher than ever, wages are at an all time high, employer sponsered profit sharing plans are growing at a fast rate, investing in general has opened itself to a wide aray of more people and classes, people are living longer and healthier, retiring earlier, environmental initiatives are going through at a faster rate than ever and the general state of living for every single class in our society has gone up.
What the hell are these people complaining about!? Shit, you want a cause to take to the streets, go back to the 20's, 30's and 60's. Those were some REAL causes. Not some whiney spoiled movement bitching about how things are not perfect.
The United States is one of the most successful cultures of all time. The economic model of the United States has slowly spread to other countries, and as that is embraced by them... their social as well as economic freedoms have increased right along with their rates of living. A while back I talked about a study done by the Heritage Foundation in which freedom is shown as the surest path towards prosperity. Well, that is freedom of the individual AND freedom of business.
People bitch that corporations are mean. So what the fuck do you want!? Shall we increase our government, tax the people more so we can keep these companies from laying off people (at a time when jobs available exceed the unemployed). Is that what these people want!? Because I bet the majority of them also bitch about their taxes, and how the government should stay out of their lives! Well, you can't have it both ways folks!!! Utopia is not a possibility... sorry, I hate beaing the bearer of bad news.
We have a system in place that has been extremely succesful, based on the succesful systems employed by other great cultures as the Persians, Greeks and Romans. It is not perfect, but it is working for the best.
So while these people piss me off to no end, I am able to see their value and my anger subsides a little. We need the extremists, as much as I wish we did not. We need people to bitch, moan and complain about every freakin' pot hole in our system. We need them to make noise and get noticed, or absolutely nothing that needs to be done will get done. Without the extremists, there would not be the compromise, and those with power would absolutely start to take advantage of that. So while I think this whole business in Seatle is way out of line... I begrudgingly accept it as a necesarry aspect of our society... which dammnit, has done a good job so far.
Well, I have to admit that I'm an anarchist, and am therefore outside the system altogether
An anarchist? I hope you are joking... most people outgrow that around junior year or so of college (when they start getting a clue about the real world outside of literature and high ideals).
Republicans (and politicians in general) who claim to be christians ARE NOT. Howver this boils down to what you define as a christian, and republicans don't fit the bill in my eyes. They promote a world where the rich get richer, the poor gets poorer, and the health of the earth declines. What happened to being humble and the golden rule?
I love it when people bitch about grouping and stereotyping, and then turn right around and do the exact same thing.
You just lost all credibility with such a stupid statement.
Yeah, the year 1,000 was a HUGE deal. The average person REALLY was preparing for the world to come to an end... not just the backwoods militiamen of today.
There are a couple books out right now that deal with the year 1,000 (go figure).
All of what you say could happen... but that would lead to a recession, and yes, we are due for another recession here soon. But not a depression. That is really my point.
First, trust assets are required to be seperate from bank assets.
Second, banks are NOT large investors in the stock market... they are not allowed to be. They are primarily invested in bonds, and a large percentage of that even has to be invested in treasuries.
Slashdot Mirror
Andover.net tried to negate that as much as possible by offering a "Dutch Auction".
:) The idea is to better determine the price of the offering through an initial bidding process with individuals and institutions.
This method is unlike traditional underwriting methods in that it is set up to avoid these huge first day run-ups... insuring most of it goes to the company (those greedy bastards at Andover.net
Funny you mention the tulip bulb mania, because this is where "Dutch Auction" got its name from.
Needless to say, the method did not work very well as Abndover.net still ballooned up 252% at the opening.
Thanks.
It went as high as $230 a share, and is now stabilizing a bit at around $265.
This puts VA Linux at a $1 billion dollar company right now as we speak. Not bad for a company with about $14 million in revenues (they did not profit) last year.... and they were initially trying to raise about $50 million.
Congratulations to those who were able to get some at the offering... for those that got it afterwards, you may be in a bit of trouble!
It went as high as $230 a share, and is now stabilizing a bit at around $265.
This puts VA Linux at a $1 billion dollar company right now as we speak. Not bad for a company with about $14 million in revenues (they did not profit) last year.... and they were initially trying to raise about $50 million.
Congratulations to those that weer able to get some at the offering... for those that got it afterwards, you may be in a bit of trouble!
Thanks for the useful comment :)
I think I can guess how this "technology" is going to work:
If you look and act like a young black male.... you are suspect to being a criminal.
errr..... "voices", not vouces.
thank you.
Who is doing the female vouces on South Park now?
I for one, would love to see an increase in the life expectancy of dogs.
God, it's sad when they pass away.
In a number of fantasy books they portray the elves kind of like this. Basically they don't really care and nothing get's done in terms of actual progress. Pretty archieture that is about 900+ years old but nothing really new.
:)
Ha! That's true... I suppose the Dwarves and Gnomes would be the innovaters, trying to force progress. Never did like those uppity elves
Huxley seems to have the clearest vision when it comes to this area. Brave New World is clearly what Gattaca was based on.
Huxley's world was much different than the world of 1984. The majority of control was done subliminally, as oposed to the in your face, non-stop control tactics used in 1984. Instead of repressing sex, Huxley realized that through encouraging open sex, control was all the more easier. In his world, everyone goes around, happily bedding down with anyone they choose and high on drugs. People live well, are fed and babies are grown to exact conditions... who would complain? The only problem comes when an outsider, used to freedom, comes in.
I believe that world has a much greater chance of occuring than the one in 1984 (though I love the book and the vision). Most simply because I do not really believe in true evil. But also because everyone in Huxley's world trully believe they are doing the right thing and those being controlled are genuinely happy.
So I do see the possibility of that future... I think the transformation would be the most difficult (I would certianly try to stop it), but once the ball really started rolling... it would be very difficult to stop.
In short the USA is NOT the world and please dont do the rest of us the injustice to consider that it is.
I don't mean to imply that it is. But I do strongly feel it serves as a wonderful model for others to look at.
Extremists piss you off ? South Africa has had its fair share of them, most of them are still in
power, a different set to the last lot agreed but still extremeists, but the injustice to human rights that occured under Apartheit would never have been solved if not for the extremists.
And again, remember I said those were my initial reactions. I do realize the huge value extremists are... despite that I may not agree with a lot of them.
God, how the hell can you DARE to call those 'thoughts', you self-centered, complacent piece of shit!
;)
Well, I wouldn't really call them my actions. "My thoughts" seems to work pretty well... they certainly are not "your thoughts" now are they?
I am so SICK of people like you, who live in their own sense of contentment and assume that the rest of the world must be getting along well, and if someone is complaining they're just whiners busting a gut without any cause. It's people like you who kept black people enslaved for generations.. "Aw, fuck, whining niggers.. they don' t have it so bad!" FUCK YOU!
Oh no, someone who might disagree with you. Great way to react to it though. I certainly enjoy calling people I do not like racist, ignorant pieces of shit. It sure helps drive home the points I try to make
I am not going to even adress the fun and neat assumptions you make about me without ever having met me. But I do not mind debating (although yes, it certainly is fun to revert back to 5th grade name calling now & again).
And as to the Romans, Greeks and Persians and their perfect systems? You're even MORE of an ignorant fuck, because anyone who has studied any amount of history knows that the famous democracy of Athens and the Republic of Rome were FABULOUSLY corrupt and wrought with murder, ballot-rigging and scandal to top ANYTHING we've seen today.
Then how did they flourish for so long if things were so god-awful bad? Yes, all those things did happen... but, the real down fall of those society's was the advent of totalitarian rule.
As to the comparison's to other decades; my parents rioted for human equality during a time when our nation unofficially advocated a form of slavery. Do not even try telling me that these riots come close to the importance in that.
So you SHUT UP, you big, hairy, smelly ASS-FACE.... waaaaahhhhh......
I know that certain issues need to be addressed, and that we are far from perfect. But times are definitely not what they were when I felt rioting was appropriate. There is no denying that.
As I said, those are my initial thoughts when I see something like this... after thinking it through more, I know that what you did is a nesecary aspect of our society (and I maintain it is a good one). While it is nothing I would "take to the streets" for, that just proves you are more extreme than I am. Compromise is how things get changed, and without extremists there would be no compromise.
So lets see if your rioting does anything good.
By the way... not only do I like this, I absolutely love it:
Besides, if we have a better way, it is our democratic right to articulate it and implement it. if you don't like it, you can leave.
What does this mean? Well, for starters, pay off your credit cards. And your car. And your house. That's right: be debt free.
I know this is not really the point of your post... but for those who choose to live a little less modestly as you, here is some advice:
Debt is an effective tool if used wisely. Why do you think the majority of succesful companies and governments have debt?
By all means, pay off your credit cards. People often ask me what their best first investment should be, and I always answer, "Pay off your credit card debt". Hell, where else can you easily make 15 - 19%!!??
But for other purchases, do not be afraid to take on debt. Especially with mortgage rates being so low. I will use the example of a house (one a lot of us have experience with):
Who makes out better; the person taking on debt (a mortgage) or the person issuing the loan (the bank)?
I think everyone here can tell me the owner makes out better... not the lender. In most cases the value of the house increases at a faster rate than the mortgage rate, making the debt clearly worth it.
Yeh, but so what? Linus is so damn brilliant that he would have created Linux anyway.
Well, at least you had the balls to post such a stupid and pointless comment under your login account and not anonymously.
:)
That is the reality of goods from China. Goods that pathetic brainless idiots like you buy.
Yeah... your post certainly did not come from a brainless idiot.
For your information a vast amount of the goods that we buy from the East (not counting Japan) come from Hong Kong, Singapore, Tawain and Malaysia. None of those countries ARE China. Especially in the first three I mentioned, working conditions are very good in those countries.
China has a lot of problems, and employs many unjust methods. But I am not talking about China... I am talking about the United States and that clearly is not what heppens here. Hopefully, by increasing contact with China, their way will change... there is not much we can do to force it.
My first reaction when I read this article and see the reports on the news is anger.
Who the hell do these people think they are? Its like people are needing to invent new reasons to riot because we haven't had a good hum-dinger in a while. We are going through some of the best times in the history of humanity right now... that is not debatable. Unemployment is at an all time low, information and education is available to almost everyone seeking it, the vast majority of epople are optomistic about their future, education is easier and available to more people than ever, travel is easier and cheaper than ever (so you can leave if you don't like it), crime has been in decline for over a decade, social budgets are higher than ever, wages are at an all time high, employer sponsered profit sharing plans are growing at a fast rate, investing in general has opened itself to a wide aray of more people and classes, people are living longer and healthier, retiring earlier, environmental initiatives are going through at a faster rate than ever and the general state of living for every single class in our society has gone up.
What the hell are these people complaining about!? Shit, you want a cause to take to the streets, go back to the 20's, 30's and 60's. Those were some REAL causes. Not some whiney spoiled movement bitching about how things are not perfect.
The United States is one of the most successful cultures of all time. The economic model of the United States has slowly spread to other countries, and as that is embraced by them... their social as well as economic freedoms have increased right along with their rates of living. A while back I talked about a study done by the Heritage Foundation in which freedom is shown as the surest path towards prosperity. Well, that is freedom of the individual AND freedom of business.
People bitch that corporations are mean. So what the fuck do you want!? Shall we increase our government, tax the people more so we can keep these companies from laying off people (at a time when jobs available exceed the unemployed). Is that what these people want!? Because I bet the majority of them also bitch about their taxes, and how the government should stay out of their lives! Well, you can't have it both ways folks!!! Utopia is not a possibility... sorry, I hate beaing the bearer of bad news.
We have a system in place that has been extremely succesful, based on the succesful systems employed by other great cultures as the Persians, Greeks and Romans. It is not perfect, but it is working for the best.
So while these people piss me off to no end, I am able to see their value and my anger subsides a little. We need the extremists, as much as I wish we did not. We need people to bitch, moan and complain about every freakin' pot hole in our system. We need them to make noise and get noticed, or absolutely nothing that needs to be done will get done. Without the extremists, there would not be the compromise, and those with power would absolutely start to take advantage of that.
So while I think this whole business in Seatle is way out of line... I begrudgingly accept it as a necesarry aspect of our society... which dammnit, has done a good job so far.
Well, I have to admit that I'm an anarchist, and am therefore outside the system altogether
An anarchist? I hope you are joking... most people outgrow that around junior year or so of college (when they start getting a clue about the real world outside of literature and high ideals).
Republicans (and politicians in general) who claim to be christians ARE NOT. Howver this boils
down to what you define as a christian, and republicans don't fit the bill in my eyes. They promote a world where the rich get richer, the poor gets poorer, and the health of the earth declines. What happened to being humble and the golden rule?
I love it when people bitch about grouping and stereotyping, and then turn right around and do the exact same thing.
You just lost all credibility with such a stupid statement.
Yeah, he was definitely trying to force it right down your eloquent throat there.
Good response... stand up for your rights man! Rock on!
Yeah, the year 1,000 was a HUGE deal. The average person REALLY was preparing for the world to come to an end... not just the backwoods militiamen of today.
There are a couple books out right now that deal with the year 1,000 (go figure).
Kevin Smith is a very devout catholic actually.
Somewhat interesting.
Yes, absolutely.
All of what you say could happen... but that would lead to a recession, and yes, we are due for another recession here soon. But not a depression. That is really my point.
That is almost entirely wrong:
First, trust assets are required to be seperate from bank assets.
Second, banks are NOT large investors in the stock market... they are not allowed to be. They are primarily invested in bonds, and a large percentage of that even has to be invested in treasuries.