From: kevin lyda (kevin at domain suberic.net)
Date: Fri 24 Sep 1999 - 16:44:29 IST
"John P . Looney" spoke thusly:
> A lot of it was to due to US laws to prevent stock brokers taking
>advantage of novices and people that don't really have enough money
>to take part in the stock market, brought in during the 30s, when the stock
>market was rather...troublesome for many that dabbled in it.
i replied to the original poster, but then deleted the reply. i find
it an annoying topic.
first off, i've now experienced both the redhat ipo (i got in), and one
at my company (i also got in).
neither was smooth. both required me to be proactive and to come
into them with the attitude of "i'm the clueless one here, ask lots
of questions." in terms of pain, i think the latter ipo process has
proven to be worse for the people who it didn't go well for (and no,
i won't explain why. if you're really curious ask why in a month.).
both ipo's involved their own set of "firsts," and that was the primary
cause of the problems in both cases. in both cases if i haven't gained
money, i've at least gained a greater insight into the stock market.
as for why redhat, or any company, chooses to reward groups with stock
awards i suggest trying to be less cynical. there isn't an action in
the world one can't pin an ulterior motive to. even as an intellectual
exercise it gets way old really quick.
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