ISP Information:
When a private company plans to go public (i.e., allows its stock to be traded to the public) it files for an Initial Public Offering with the Securities and Exchange Commission. Once the proper forms are filed and proper requirements are met, the private company agrees to offer a percentage of its company to the public in the form of stock shares, and sets an initial sale price for those shares. The goal of an IPO is to
ISP Glossary:
IPO - Pat wrote, in a comment on a posting by Stanley Cline at Thu, 29 Apr 2004 03:14:18 GMT: Or take a two-line, turn button phone. (I think Bell called them 2500-sets?)The 2500 series of sets were the same series of sets as 500sets, but with 12-button keypads (including * and #) rather thanrotary dials. There were also the 1500 series, which were the same asthe 500 sets but with 10-button keypads.Just about any 500 series set ultimately also became availablein 2500 sets, with the same buttons, features, etc.A set desginated simply as 2500 (not 25xx) would be a basicsingle line telephone just like a basic 500 set except with theTouch-Tone oscillator rather than the rotary dail. Othermanufacturers besides W.E. used the same desginators.Wes Leatherockwesrock@aol.com
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