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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: E.J. Neitz Jr who wrote (49311)	10/1/2003 11:06:38 AM
From: Ira Player	Read Replies (1) \| Respond to of 53068

stock issuance as the accerating factor Companies like Microsoft did not go public as an accelerating factor. They went public to allow a public market for the equity granted to the employees. (And a public market provides a daily valuation on the company for the upper levels to crow about...) Many of the companies that create a business model that dominates a sector (and is truly a shift in the way business is done) would remain private, if not for the need for liquidation by the lower level employees. Ira