Re: Novalug: Pryzby's buying! (VA IPO success)

[Jim Jennis <jhjennis @ shentel . net>]

FWIW

I agree whole-heartedly....I sincerely hope Greg (and others at VA) had
options too....

I just finished hearing a news item (it's reality, but still sickens me)
about $11,000,000,000 in bonuses being paid on Wall St. this year as a
result of gains from IPO's like VA, RedHat, et al.....

I don't know about others, but personally, I find it obscene that
investment bankers, stock brokers and venture capitalists who couldn't find
their butt with both hands when it comes to the kind of high-tech work we
do are the ones who profit most from those of us who have enough
brains/courage/tenacity to invent and develop this stuff in the first place...

The world never changes.........if you can shoot a ball through a hoop,
you've got it made...if you can prove Fermat's last theorem...you live in
obscurity.

Simply amazing....

Regards,

Jim
At 17:38 12/9/1999 -0500, you wrote:
>
>http://www.wired.com/news/business/0,1367,33003,00.html
>
>"Shares of VA Linux Systems, which sells servers and workstations that use
>the Linux operating system, soared almost 800 percent in first-day trading
>Thursday.
>                            
>"VA Linux, which priced Wednesday at US$30 per share, was selling for as
>much as $320 in the first frenetic hours of trading."
>
>Congratulations to all you VA folks. Greg, I _hope_ you had options.
>
>
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Jim Jennis, Technical Director, Commercial Systems
Fuentez Systems Concepts, Inc.
1 Discovery Place, Suite 2
Martinsburg, WV. 25401 USA.

Phone: +001 (304) 263-0163 ext 235
FAX:   +001 (304) 263-0702

Email: jjennis@fuentez.com
       jhjennis@shentel.net
Web:   http://www.discovery.fuentez.com/
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