Re: Surprise, surprise [ Red Hat IPO is red hot ]

sillyhead (
Wed, 11 Aug 1999 17:01:07 -0500 (CDT)

Huh? I don't read slashdot, so I don't know what the conversation is
that's going on there, but, yeh, thre were a few people who had problems
because they couldn't get etrade accounts, but there were many others in
the linux comunity who did get a go at the IPO price....

On Wed, 11 Aug 1999, Roy T. Fielding wrote:

> >[ shame I didn't join e*trade soon enough... - joe ]
> It wouldn't have done you any good. The allocation process was completely
> messed up. So far I don't know of any non-RedHat-employees that got any
> of the IPO shares. They appear to have all gone to employees and large
> E*TRADE account owners. The discussion on slashdot is somewhat amusing,
> or at least it would be if I wasn't one of the open source guys who
> spent a lot of time moving money around just to get the shaft. There
> was supposed to be 800,000 shares reserved for the affinity group
> (employees, family, friends, open source developers) but Cindy is the
> only one I know of who got any.
> Of course, E*TRADE is down again. Fortunately, I have a DATEK Online
> account that lets me view the quotes and the Island ECN board in real time
> applets, so at least it was interesting.
> .....Roy