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In lugnet.off-topic.clone-brands, David Gregory writes:
> 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.)
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 cover.
IPO is the Initial Public Offering, or first-ever sale of stock to the
public, something LEGO has never done.
Hope this helps
-Erik
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Message is in Reply To:
 | | Re: Mega Bloks IPO
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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 (...) (23 years ago, 22-Mar-02, to lugnet.off-topic.clone-brands)
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