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To: Tom D who wrote (6955)6/21/1998 5:36:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

What are you suggesting, the the US Congress pass a law saying that anybody who bought
shares during one of the nonpublic rounds of financing is not permitted to sell them until
the company makes profits (rather than 6 mths after the IPO)?


Tom,

You missed the point. Did Covey buy her shares?

Glenn



To: Tom D who wrote (6955)6/21/1998 5:52:00 PM
From: F The  Read Replies (1) | Respond to of 164684
 
>>What would this do to the ability of startups to raise money? What would happen to US innovation, and to US job creation? Would the internet still be a government/university project?<<

Hi Dr. Tom,

Most of the money raised goes to themselves, executives and officers. Look at the company is in debt, practically book value is zero, yet the executives and officers are worth more than a billion.

What a joke!

Felicia


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