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I have no idea what any of that means. Is a red herring what the Knights
of Ni want us to chop down the Mightiest Tree in the forest with? And what
does IPO stand for? I honestly got an A in my economics class a year ago, but
I don't recall either of those 2 terms.
Please, someone help an economical ignoramus in need! (I'm reffering to
myself, of course.)
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Message has 2 Replies:
 | | Re: Mega Bloks IPO
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| (...) Hi David, Don't feel stupid about not knowing what those terms are. You have many more acronyms to worry about (like spud, burp and snot!) IPO stands for Initial Public Offering which is when a company decides to sell stock to the public with (...) (23 years ago, 22-Mar-02, to lugnet.off-topic.clone-brands)
| | | Re: Mega Bloks IPO
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| (...) Hi, A "red herring" is the US term. Since it was made in Canada it might not be a red herring. It's a colorful name for the first public document describing the company's offering of securities. US law requires a big RED INK disclaimer on the (...) (23 years ago, 22-Mar-02, to lugnet.off-topic.clone-brands)
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Message is in Reply To:
| | Mega Bloks IPO
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| I just read on the Bloomberg news wire that Mega Bloks, Inc. will IPO and list its stock as "MB" on the Toronto Stock Exchange. The underwriters are Merrill Lynch, Canadian Imperial Bank of Commerce, and National Bank of Canada. This is big news (...) (23 years ago, 22-Mar-02, to lugnet.announce, lugnet.off-topic.clone-brands) !!
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