Let's also not forget this was when taxes in UK were about 5%.  Following WW I, they went to about 70%.  Same thing here, when Vanderbilt built Biltmore in the same era.  Taxes were waaay low.  What does this say about economics??

Just last night was watching "Sex in the City" reruns from 1998 and what they say and portray on there 14 years ago is far more suggestive than this ad.

If this IPO is like many others in history, it will peak in 1-3 days, then settle back to normal levels.  Thus, if you have the bucks, purchase, say, 1,000 shares, let it double in 1-2 days then sell,  You'll take short-term capital gains tax hit, but make several thousand for your effort.  You gotta be less emotional ...more