Word: prospectus
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Unlike other business schools, full-time work experience is not a prerequisite at Harvard, Fadule said. At the same time, however, the school's official prospectus recommends "two to three years...
...assets plunged in price, appeared to be an isolated incident and not a warning signal of future failures. Concerned about your money market fund? You can check to see if it invests in derivatives by calling the fund and asking for a copy of the most recent prospectus. That document lists...
...keep the money. Last year 161 partners cut the cake. One senior partner is said to have been served an especially big slice: about $30 million. Since Goldman is a private partnership, it is not required to make public its finances. Nonetheless, the telltale numbers from a Goldman prospectus made their way into Investment Dealers' Digest. Other bits of evidence occasionally fall into the public domain. When Goldman co-chairman Robert Rubin quit to work as a presidential adviser, his disclosure statement reported a 1992 income from Goldman of $26.5 million...
...Like mutual funds, IPOs have been an attractive market for investors -- if they can avoid getting burned. For instance, weeks before MathSoft sold its stock to the public for the first time, eager investors lined up to get a piece of the action. Lured by brokers' pitches and a prospectus that touted the computer-software producer's growth potential, customers quickly snapped up the company's 2.5 million shares at $13 each when the issue began trading in February. After a brief run-up to $21.50 on its first day of trading, MathSoft shares short-circuited, falling...
Despite the roadblocks and potential land mines, adventurous investors can find IPOs to be rewarding, provided they step carefully. The prospectus should be studied in detail. Investors should check out the industry as a whole as well as the company's management and history. As a rule, firms less than five years old ought to be avoided, IPOs should be a small part of a portfolio, and investors should be prepared to hold for the long term. And watch out for spiders...