Would you believe that there is a Corvis IPO Gift Book for sale on Ebay right now ??? Wow, who saves stuff like that ?? I only caught it because I was looking to buy a Van Gogh Art book as a gift. Really takes one back to the Internet bubble days.
A bit more on those 2 fund managers:
"Baltimore investment firm Nevis Capital Management LLC and its principals will pay $2 million in penalties to settle Securities and Exchange Commission allegations that the firm gave initial public offering shares only to entities associated with Nevis.
The SEC announced Feb. 9 that it had accepted a settlement proposal by Nevis. The settlement includes a censure of Nevis and its two top officials, as well as a cease-and-desist order, which requires the firm and its top officials to refrain from violating securities laws. Nevis Capital will pay a civil fine of $1.7 million and a separate $10,000 penalty to the U.S. Treasury. Nevis president David R. Wilmerding III and executive vice president Jon C. Baker must each pay the Treasury a civil fine of $140,000 and a separate $10,000 penalty."
Yes, wonderful to know that a couple of failed fund managers think we are a good investment choice. That gives me all the confidence that one would expect from a myopic, stuttering surgeon doing open heart surgery late on a Friday afternoon in the Summertime. Who knows? Maybe they nailed it this time ? And I hope we're not talking coffin nails!
OK, so Gemalto admits it was probably hacked by British (GCHQ) and American (NSA) spy agencies. This is actually GREAT news !. Why ? If it takes the combined assets of these 2 BEST IN CLASS Spy agencies to get through Gemalto's security, that is quite a testament to the quality of product that Gemalto is offering.
Actually I think it's a conspiracy to give Apple Pay a boost over Gemalto's Mobile payment system.