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39871 Red Hat IPO -- rank: 1000

William S. Lear wrote: >Jordan and Doug can correct me if I am wrong, but the IPO price is >settled long in advance is it not? I'm no insider, but my impression is that price ranges are established in advance, but the exact price and quantity aren't set until just before the offering. Speaking of the stock market, there's an interesting piece in the biz section of today's NYT by Gretchen Morgenson, who's gone from being Steve Forbes's flack in the '96 campaign to being one of the more prom ...

Document Size:	8791
Author:	Doug Henwood
Date:	Sun Aug 15 10:16:02 PDT 1999

39872 ANSWER: Name this socialist -- rank: 1000

Michael Hoover wrote: >the impact of martial law, termination of Solidarity activities, and >jailing of leaders after 1981 cannot be ignored Speaking of which, the New York Times obit for Lane Kirkland (full text at <http://www.nytimes.com/yr/mo/day/news/national/obit-l-kirkland.html>) has this little gem of a passage: <quote> Kirkland was an ardent anti-Communist who was proud of his organization's efforts to assist the Solidarity movement in bringing democracy to Poland by an ...

Document Size:	5986
Author:	Doug Henwood
Date:	Sun Aug 15 09:47:24 PDT 1999

39873 Hearsay on abortion -- rank: 1000

frances bolton wrote: >Peter wrote: > > > >What bothers me about Cockburn - and I'm no expert - is his apparent > >meanness. Calling Doug an "urban weenie." > >But Doug really *is* an urban weenie. What, exactly, is a "weenie"? And does it serve in this particular fragment of discourse to place the original speaker, AC of Petrolia, Calif., in a presumably hegemonic authentic pure rural masculinist/individualistic discursive standpoint, disparaging t ...

Document Size:	5062
Author:	Doug Henwood
Date:	Sun Aug 15 09:05:10 PDT 1999

39874 help a researcher? -- rank: 1000

A guy I know who tracks the neoconfederate movement is looking for someone with an address in the U.S. South to subscribe to some stuff for him. He pays, you forward. Contact me offlist for details. Update on a thread from the other day: he says the paleocons at the Rockford Institute (publishers of Chronicles) and the loons at the Von Mises Institute (housed at Auburn U) are both deeply involved in the new Southern Party. Doug

Document Size:	4750
Author:	Doug Henwood
Date:	Sat Aug 14 11:31:07 PDT 1999

39875 gentrification -- rank: 1000

Sam Pawlett wrote: >Doug, overall what did you think of Vancouver? I liked it, but it was very wet and many of the people were astoundingly laid back. The waiter at the hipster art gallery/cafe practically knelt while he intoned the evening's specials. Since it never cleared up, I never got to see the mountains around the city, but I was kind of disappointed in the way the city looked just walking around - just a lot of ordinary-looking buildings. The political & cultural scenes seemed pr ...

Document Size:	6006
Author:	Doug Henwood
Date:	Sat Aug 14 11:25:43 PDT 1999

39876 telemarketers -- rank: 1000

Someone on the American Association for Public Opinion Research list just forwarded figures from the Direct Marketing Association showing there are 2.3 million people working in consumer telemarketing in the U.S. (making and taking calls), and another 3 million working business-to-business - a total of 5.3 million. That's seven times as many as work in motor vehicle production. Since there are about 105 million households in the U.S., that means there's one consumer telemarketer for every 45 hou ...

Document Size:	4829
Author:	Doug Henwood
Date:	Sat Aug 14 09:51:54 PDT 1999

39877 Brown Stuff -- rank: 1000

Jim heartfield wrote: >Well, that's pretty copper-bottomed, then. James, the whole point of being careful with this stuff is that no one knows for sure. GM holds big potential risks; I'm inclined to think the worrywarts are overdoing it, but it's not something to plunge into led by the principle of quarterly profit maximization. The same thing is true with climate change, where the scientific consensus is a lot more against you. Maybe it's all a lot of hype, but we're playing a very high-stak ...

Document Size:	4900
Author:	Doug Henwood
Date:	Sat Aug 14 09:34:29 PDT 1999

39878 ursine sounds -- rank: 1000

[This is from the megabears at Gold Anti-Trust Action. Grant's Interest Rate Observer, which has been wrong for almost all of its 15 year existence, is also singing the credit quality tune. But the risk premiums in the credit markets are at or near record levels, so something's going on.] Charles Peabody Mitchell Securities mitchell501 at bloomberg.net August 13, 1999 Executive Life Revisited Yesterday, General American Life Insurance Co. announced that it was facing material withdrawals by inst ...

Document Size:	10853
Author:	Doug Henwood
Date:	Sat Aug 14 08:50:15 PDT 1999

39879 Red Hat IPO -- rank: 1000

W. Kiernan wrote: >So couldn't they have asked, say, $21 a share instead of $14? There's an art to pricing IPOs. You want the price high enough so the issuers (and their creditors and venture capitalists) can get a good haul, but it's good PR to have a nice postmarket pop (good press from good stock performance is an important part of the dot.com business strategy), and the bankers get to reward their favorite clients with an instant profit. Lister Jordan Hayes is at the cutting edge of IPO p ...

Document Size:	4808
Author:	Doug Henwood
Date:	Sat Aug 14 08:55:52 PDT 1999

39880 gentrification -- rank: 1000

Charles Brown wrote: >Black is beautiful. Does Detroit have anything like the well-off mainly black DC suburbs? Doug

Document Size:	4430
Author:	Doug Henwood
Date:	Fri Aug 13 14:07:36 PDT 1999

39881 gentrification -- rank: 1000

Wojtek Sokolowski wrote: >You do not have to befriend them - just take advantage of the externalities >they create. These externalities include skyrocketing housing costs and the commercialization of everything. Why is it that the two choices in the U.S. cityscape seem to boil down to crackhouses and Planet Hollywoods? Doug

Document Size:	4642
Author:	Doug Henwood
Date:	Fri Aug 13 13:52:45 PDT 1999

39882 gentrification -- rank: 1000

Michael Perelman wrote: >Have you heard of the Yuppie Eradication Project in San Francisco, where >some anarchist/artist types made posters threatening to burn SUVs. The >Mission district was a low rent/warehouse area. They changed the zoning >to allow artists to work and live in lofts. The realitors took advantage >of this law to convert the warehouses into expensive apartments, driving >up rents .... Back in the early 1980s, the Village Voice quoted an East Village artist ...

Document Size:	5164
Author:	Doug Henwood
Date:	Fri Aug 13 09:20:24 PDT 1999

39883 Red Hat IPO -- rank: 1000

t byfield wrote: >but a question for doug: how do you see 'profit maximization' playing out >in the case of OS/FS? I see a contradiction possibly developing between what you described as >its basic proposition--to minimally, organize, collate, >refine, and resell the fruits of workers who are in large part ide- >ologically motivated to make the fruits of their labors available >for free to all comers and the fact that some people will be making money out of this. If some people ...

Document Size:	5143
Author:	Doug Henwood
Date:	Fri Aug 13 09:07:28 PDT 1999

39884 American Studies -- rank: 1000

elena wrote: >IS THIS A PRACTICAL JOKE? Hey, why shouldn't Warren Beatty run for president? He's a better actor than Ronald Reagan ever was, and for a Hollywood liberal, he's got pretty decent politics. People say that during the time he was with Julie Christie (herself a friend of Foucault's) she made him into something of a Marxist. And it'd be funny as hell to have him rap the state of the union address. Doug

Document Size:	4768
Author:	Doug Henwood
Date:	Fri Aug 13 08:54:54 PDT 1999

39885 gentrification -- rank: 1000

Sam Pawlett wrote: >Recently spent a couple of days in Seattle and Portland and was >surprised at how gentrified the downtown areas have become Sam, I visited Vancouver - that's where you are, right? - for the first time last fall. I was staying at 56 E. 5th Ave, which has been a pretty funky working class/light industrial neighborhood, but my host told me it was being filled with folks like him - artists, writers, bohemians, the avant garde of gentrification. And downtown was truly a gent ...

Document Size:	5694
Author:	Doug Henwood
Date:	Fri Aug 13 08:43:55 PDT 1999