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Technology Stocks : Andover.Net (ANDN) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (90)	12/16/1999 6:11:00 AM
From: puborectalis	Read Replies (1) \| Respond to of 160

Andover.net chose to work with W.R. Hambrecht because, according to Bill, philosophically they meshed. W.R. Hambrecht was able to extend the bidding process to all Linux developers, and for a company that relies on its developers for its success, that makes sense. "They [the management at Andover.net] are people who like to do things differently," explained Bill. "They wanted to be very sensitive to the 2 million developers who use Slashdot, and that's why they are using us. Our system allows their base to come in and get stock. That's really important." And to say that Bill was happy with the results is an understatement. "What is striking about the Andover.net deal, particularly relative to recent Linux deals, is that more than half the stock went to retail investors," he said. "Since an important objective of the company was allowing Linux developers to participate in the IPO, we are all quite pleased."