At 7:05 PM +0300 6/25/03, Danny Van den Berghe wrote: ... >> so you're >> probably going to see another change in their FAQ. "It's the open- >> source IPO!" We all get to make suggestions!! > >It's getting rather funny indeed. >The ipo was not too well prepared if you ask me.
Compared to which IPOs? RedHat and VALinux come to mind... (These companies went up hugely their first days (suggesting a waste of potential share price by the issuer!) then subsequently went WAAY down). This IPO (as I suggest above) certainly isn't perfect, but TGC is (as usual!) doing something for the very first time. While I think your critiques are of enormous value (to both the list and to TGC) I think it bears repeating that they're DOers and do-ers make mistakes! For example, I probably killed their "FUNBONDS" thing single-handedly when I figured-out how to make them consistently pay-off. (Sigh...Those were the days!) because I was stupid enough to blab my secret-method on this list! Oh well, but the casino still DID them, and it was fun while it lasted! ... > >It escapes me how the public shareholders will be able to do an informed >vote, if they don't have any specific information. I'm sure they have a fun balancing-act ahead of them. >And I also don't see how the financial information could be of much use to >the competition. Well, if I'm one of the big companies that has missed out on the internet-thing, I'd be interested in how much it would take to compete with TGC, and what returns are likely, etc. It's not as much use as some things, but it's useful information. I'm sure potential competitors will be watching closely. >Do you think that General Motors finds much use in the financial statements >of Ford? You can bet they read 'em! Casinos are more-secretive than car companies (possibly because they're more-profitable!?). ... >They do state that they don't really need the capital raised by this ipo. >You can see the passage at the very end of the profile. Yes, but no company really "needs" a particular exact quantity of marketing, for example. They still might think it worth the money to keep doing things like giving away (gold bars, Apples, Sony SRX laptops, DVD collections, various ecurrencies, high- end camera/camcorders, etc.). Measuring how much good a giveaway program like that does any business is VERY hard, but it clearly does them SOME good. JMR --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
