We've been doing a case on the Netscape IPO valuation - came across this interesting piece - it's simply too good to resist:
Another "savvy investor" calls in:
Caller: Can I talk to the Chief Financial Officer?
Finance: I'm sorry, but he's traveling until at least August 9. Is there something I can help you with?
Caller: Well, I heard your company was going public and I was wondering if you could tell me what that means.
Finance: Well, that essentially means that our company will be trading a
certain number of shares of our stock on the stock market, which will raise capital so that we can expand our business.
Caller: What's the stock market?
Visitor: Older man in a tennis outfit came into the lobby requesting
PR: Can I help you sir?
Visitor: (Excited) I'm going to be a SHAREHOLDER!!
Visitor: I'm here to get some information and take some pictures.
PR: Pictures of what?
Visitor: The buliding, people. I've already taken some pictures outside.
(In his hand he was holding a yellow throw away Kodak camera.)