Word: dutchness
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...were young, eager to learn and collect, and we loved Holland and Dutch drawings," Mrs. Abrams said...
...collection is made up of 110 drawings by 17th century Dutch masters and includes two works by Rembrandt and one by Pieter Bruegel the Elder...
...They were plentiful and there wasn't much competition," she said. "If you went to a Dutch drawings auction, there would be a handful of people around the table...It was a very underestimated area of artistry at that time...
...metaphors for IPOs from web sites such as TheStreet.com and iVillage that tripled or quadrupled on their first day of trading. But when the highbrow site Salon when public yesterday the image was a flat flounder. Key was Salon's pioneering participation in a Net experiment that uses a Dutch auction to set the IPO price before trading. The Dutch format helped kill any big first-day run-up but it also cut out the Wall Street middlemen. Early shareholders may have missed out on a Net IPO bonanza, but Salon is laughing all the way to the bank...
...spectacular, most of that money went to the investment bank's big customers who were allocated apparently underpriced shares. In Salon's case, the offering price was determined by auction beforehand, ideally capturing money that traditional IPOs leave on the table. Hambrecht has tried the "OpenIPO" Dutch format only once before, with a California vintner called Ravenswood Winery. Next is GreatFood.com. MORE...