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To: H James Morris who wrote (144936)	8/7/2002 8:32:15 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

" When I needed cash I did it the old fashioned way. I went to the bank and borrowed it knowing that my own dick was on the line. In other words I signed personal UCC's! " Mine is up for renewal next year. It feels like one is up for parole. Not related but I like this<VBG> " 3 entries found for parole. To select an entry, click on it. parole[1,noun]parole[2,transitive verb]fatti maschii, parole femine Main Entry: fat·ti mas·chii, pa·ro·le fe·mi·ne Pronunciation: "fät-tE-'mäs-"kE pä-"ro-lA-'fA-mE-"nA Usage: foreign term Etymology: Italian : deeds are males, words are females : deeds are more effective than words -- motto of Maryland, where it is generally interpreted as meaning "manly deeds, womanly words" "

To: H James Morris who wrote (144936)	8/7/2002 9:01:02 AM
From: Oeconomicus	Read Replies (2) \| Respond to of 164684

Gee, HJ, I forgot that you've not already never done everything. Must be tough, waking up in the morning with no possibility of experiencing nothing new. BTW, I never met no one who never lost a dime. Anyway, so you are saying it wasn't the vendors bribing the startups after all - the vendors WERE the startups. I still don't see what bribery has to do with some consultant or landlord or anyone else freely choosing to be paid in stock rather than cash. After all, that was what I was discussing with Glenn before you stuck your -er- nose in. I also don't see what could possibly be dishonest or unethical about it - on either parties part. Do you also think it unethical for an employee to except stock (or options) as compensation? What's wrong - you don't think anyone but the founder of a startup should have any upside? And then only if he puts a lien on his "asset"? I guess you are also opposed to the idea of venture capital, unless it's in the form of a personally guaranteed loan (which isn't venture capital at all, of course). Well ain't that nice - no one who didn't already have assets to lien on could ever start a business. PS: Aren't you sure you didn't mean "the last one broke, even before it was sold?" <g>

To: H James Morris who wrote (144936)	8/7/2002 8:36:57 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<< When I needed cash I did it the old fashioned way. I went to the bank and borrowed it knowing that my own dick was on the line.>> So you never took any big risks? ha ha ha ha ha ha ha !!!

To: H James Morris who wrote (144936)	8/7/2002 8:55:38 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<Do you remember WCG : Williams communications grp? They were taking bribes from startups so the startup could send out a press release saying they just cut a deal with WCG so we can compete with Cisco now too. >> ah yes, and I recall how Corvis' market cap increased $1.9 billion dollars in one day just because they announced a $600 mill ( GROSS ) deal... Lunacy. Yet, Mark jumped in with all his feet in the high $20s on Corvis, just before the IPO lockup expired. A few days later he got steamrolled as CISCO Systems began selling 90 million of their shares of Corvis. Corvis stock has never been that high since. I can't educate every tom dick and harry re ipo's, but i sure never thought i'd have to warn and educate the famous Mark Fowler in the basics re ipo's. And i didn't have to. I was just trying to help. I am proud of my efforts at counseling Mark against this bad move, before he got steamrolled as CISCO Systems sold 90 million of their shares of Corvis right after he bought in the high 20s. When I look back and recall how gullible Mark and William were, it just seems like a bad nightmare that anyone could get that far off the track of simple logic and common sense, and instead be so stupid. I guess ubridled, outlandish greed has many bedfellows! poor mark. indeed, poor mark. He could have sold his Corvis shares today for 60 cents each.