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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Bonnie Bear who wrote (37726)4/30/1999 4:40:00 PM
From: Defrocked  Read Replies (1) of 86076
 
The whole purpose of the IPO is to create
publicly-traded stock GS can use for
liquification of partners and funding
flexibility for takeovers e.g. using their
overvalued stock as currency. Why would they
do a private placement???Makes no sense
whatsoever. What lawsuits??? The issue is over
ten times subscribed. Are people suing them because
they can't get in the IPO?<g>
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