Subject: Re: IPO Downside? From: Suzanne Lainson Date: Sun, 19 Jul 1998 21:53:52 -0600
How the Web Was Won
Subject: Re: IPO Downside? From: Suzanne Lainson Date: Sun, 19 Jul 1998 21:53:52 -0600
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>This "considerable control" is not to be underestimated. Of course, If you
>are starting a company because you don't really care about / believe in
>it, you just want to legally swindle some $-eyed bankers and media
>dinosaurs by capitalizing (ha ha what a pun) on ignorance and excitement,
>sure, you won't be upset when you get hit by a few class action lawsuits
>by orphans and widows who are shocked, shocked that a stock trading at 100
>times earnings took a nosedive when Microsoft announced it was moving into
>the same business, so a lawyer probably as opportunistic as you rounds
>them up and sues you and your company.You won't be upset because you'll
>have that non-liquid, non-diversified pool of money.  Once the lawsuits
>get wrapped up in a few years, after Internet stock prices return to
>Earth, assuming the market hasn't crashed, you'll probably have millions
>of dollars to compensate you for about eight years of nonstop stress.

Here's an interesting article about Broadcast.com in Red Herring.

http://www.herring.com:80/insider/1998/0716/broadcast.html

Suzanne

_____________________________________
Suzanne Lainson
SportsTrust
Marketing: Integrated/Sports and Event/Online
P.O. Box 2071     Boulder, CO 80306
303 473-9884
slainson@sportstrust.com
_____________________________________
For a free subscription to SPORTS NEWS YOU CAN USE, send me an email.
For a free subscription to THE CREATIVE ATHLETE, send me an email.
http://www.sportstrust.com/sportstrust



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