We've been doing a case on the Netscape IPO valuation - came across this interesting piece - it's simply too good to resist:
Netscape's IPO
Some snippets:
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?
Netscape:  Dah....
Visitor:  Older man in a tennis outfit came into the lobby requesting
literature.
PR:       Can I help you sir?
Visitor:  (Excited)  I'm going to be a SHAREHOLDER!!
PR:       Fantastic.
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.)
LOL
 
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