Sunday, March 18, 2007

Sarb-Ox: Does anyone like it?

Hmm ...

Today, it is much harder to get in on the firms that could be the next Home Depot, unless you are a super-wealthy investor that can participate in private equity deals. According to BusinessWeek, the median market cap of a company going public was $52 million in the mid-1990s. Today, it's $227 million. This means that average investors are increasingly shut out of a company's emerging growth stages, where they would, yes, take the most risks, but also could reap the biggest returns.
Is there anyone who thinks that Sarb-Ox was a good idea? No - it's a serious question. Anyone .. Bueller?

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