[geeks] Article: Sun's not so cheap trick doesn't work

Phil Stracchino alaric at metrocast.net
Sun Oct 12 11:10:40 CDT 2008


Jonathan C. Patschke wrote:
> On Sat, 11 Oct 2008, Joshua Boyd wrote:
> 
>> I think reducing the number of shares is a great idea.  If they could
>> somehow go private again that would be even better.
> 
> I wish every company in the US would set this goal.  Going public might be
> a great way to scare up enough capital to get some serious R&D rolling,
> but, unless you have the clout of a company like IBM, going public seems
> to be a death-knell for a creative organization.

It's always seemed to me that to go public is to lose control both of
your company and of your company's finances.  It's a way to get a bunch
of money in the short term, sure, but it seems a REALLY bad long-term idea.



-- 
  Phil Stracchino, CDK#2     DoD#299792458     ICBM: 43.5607, -71.355
  alaric at caerllewys.net   alaric at metrocast.net   phil at co.ordinate.org
         Renaissance Man, Unix ronin, Perl hacker, Free Stater
                 It's not the years, it's the mileage.



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