Reading Time: 2 minutes Tech for Silicon valley and agriculture for St. Louis. Silicon Valley Stocks We went to Sillicon valley for the holidays and obviously, stock is one common topic in family reunion and friends gathering. Note stock options makes up a significant portion of employee’s compensations for some of the technology companies there. I happened to read
Reading Time: < 1 minute It priced at $26, according to AP news. I did NOT bid on NetSuite IPO eventually. Two things: it raised price range from initial 13-16 to 16-19; and I noticed NetSuite is not profitable so far. On the other hand, when its bigger rival, the on-demand software provider SalesForce (CRM) did IPO in 2004, it
Reading Time: 2 minutes (Update Dec 18) The company raised its IPO price range: now it’s between $16 and $19. I am NOT bidding it. WR Hambrecht sent me an email about Open IPO. This got me to read its prospectus. NetSuite is a new kind of software company co-founded by Larry Ellison, the founder and chairman of Oracle.
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