1:33:01
We don't wanna, We don't wanna say,
We don't wanna jinx anything."
1:33:05
We walked in and it was a big screen TV showing CNBC.
1:33:11
And it was amazing to us,
but the theme for the day was Linux.
1:33:16
Now we have an IPO that's gonna go today.
1:33:18
And when I mean go, it is going to go.
1:33:21
The estimates I'm hearing are staggering.
1:33:24
But watch VA Linux Systems. It goes at 12:40 today.
1:33:28
The symbol is L-N-U-X.
1:33:30
A provider of large scale computer
servers and workstations,
1:33:34
specially designed for the Linux operating system.
1:33:37
The original range on this IPO was
11 to 13 dollars, then 21 to 23, then 28 to 30.
1:33:44
Priced at 30, and the estimates I'm hearing
I don't wanna repeat
1:33:48
because I don't have a confirmation.
1:33:50
But if they're true, they will blow you're mind
when this stock takes off at 12:40.
1:33:56
I turned to Linus and I said "Gee, did you ever think,
1:33:59
you know, you'd walk in here some day and
Linux would be THE theme on CNBC?".
1:34:05
and Linus said in his joking way said "Oh Absolutely!".
1:34:09
So we walk in and they show us
the buy and sell orders coming in..
1:34:13
and it's incredible.
1:34:16
We're seeing numbers like
320 dollars, 340 dollars a share.
1:34:21
And I'm just in complete shock.
1:34:23
You know, this is over 10 times
where we priced the offering. It was incredible.
1:34:30
And I remember Linus just kind of,
sort of patting me on the back and saying,
1:34:35
you know "Relax..." and it was
pretty exciting to see that.
1:34:39
We were, it was just amazing. We were stunned.
1:34:43
We were lucky that we were able to
get back to the offices,
1:34:47
we'd been in San Francisco
so we could come back to VA's offices
1:34:52
to, to see everyone in the office for the IPO.
1:34:55
When we got back, we had uh,
everyone was obviously very excited.