8/13 Have you sold your Redhat IPO shares yet?
\_ You can use the money to buy ASWX ... there is a company with
actual revenue in the IPOs of this week. Big upside potential
if you aren't a day-trading moron and can hold the stock.
\_ yes, at $89. thanks much.
\_ i always thought that ipo's usually dip down after the first
day surge.
\_ Ebay did the opposite. There are many different patterns.
\_ It's the stock market. There's no science or predictable
factors involved.
\_ You mean my double major in economics means nothing?
\_ It might mean something for running a business but
it means nothing for determining whether a net IPO
is going anywhere and for how long.
\_ That's for your average stupid overinflated piece of drivel.
more. quit whining.
RedHat is better than 90% of most of the "internet IPO" crap
out there. But I expect it will eventually stabilize at
50-60, then gradually climb up to 80 again over the next
6-12 months.
\_ Oh really? What makes RH so special other than fanatic
followers who are mostly cash poor? How much do they
make every quarter and what's their profit margin?
\_ Have you ever seen that Simpsons spoof episode
where Homer starts his own "Internet Company" that
does nothing. Well, that exactly what most
Internet stocks are. Seriously, what the hell
does Halcyonsoft do?
\_ Ask them.
\_ I don't see what could be more clear than their
own proclamation:
Halcyon Software, a leading
developer of Active Server
Framework technology, gives IT
professionals the ability to
deploy Web-based applications
with unrivaled compatibility
across multiple server platforms.
-giggle
\_ You know that has nothing to do with stock price any
more. quit whining. Oh, and Dell is offering Redhat
on their computers, dummy.
\_ If nothing means anything anymore, than again, I ask
what makes RH so damned special? It was stated as a
fact that RH "is better than 90% of most of the
'internet IPO' crap out there". Better in what way?
Just by the mere fact that it went up? Is this a
post-facto determination? Had it gone no where,
you'd be the first saying a RH IPO was stupid?
\_ it was definately a PRE-determination,
seeing as how I had the forsight to buy at $50
\_ Well, that's nice. Now then, what makes RH
fall into the non-crap 10% other than OS
religious fanatacism? Still waiting on
this one. I don't expect a non-fanatic answer
because there isn't one. There is *nothing*
special about RH and it sure as hell isn't
worth $5b as a company. That's ridiculous.
Disgusting as they are, at least MS sells a
lot of it's product for a much higher price
than it costs them to produce it. RH does
no such thing.
\_ They do a lot of front end development
contracted by people like SGI and Dell.
They also do a lot of consulting and tech
support which MS doesn't do no matter
what they tell you. In other words, it's
not just another stupid company putting
up another stupid web page claiming
to be the official portal to the Internet
\_ They have backing from Intel,
IBM, and Dell. Enough said.
\_ that means shit if nobody buys these preloads...
\_ they probably will. otherwise, dell marketing
isn't stupid enough to preload their computers
with something nobody buys. look at sgi, they're
developing now for linux and ditching their
nt line completely because it was "unprofitable"
\_ Dell always gets it right? *ALWAYS*? Why
this assumption that big companies are run
by smart people? And are smart people
*ALWAYS* right? No.
\_Big companies can spend enough
money to make it right.
\_ i'm going to kick myself for not signing up with etrade.
\_ don't. It sucks. It was a serious fluke if you were
on ETrade and didn't get bumped from the Red Hat IPO
list. ETrade sucks. I'm moving to Schwab.
\_ Don't. Etrade sucks less(tm)
I missed the IPO window. I still managed to buy
at 50 (through "regular" trading, with etrade)
["Double your money, double your fun..."]
My trade went through INSTANTLY, and I was
notified of it immediately.
Schwab sucks.
\_ etrade sucks less than schwab. |