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Salon: Slashdot goes quiet

Sep 18, 1999, 15:41 (10 Talkback[s])

"Can one muzzle the "News for Nerds" site? Probably not -- but its parent company has entered the quiet period, preparing for an IPO."

"Slashdot -- the self-proclaimed "News for Nerds" Web site that serves as one of the Net's most popular clearinghouses for Linux/open source/geek fetish info tidbits -- is in the "quiet period." Slashdot's corporate owner, Andover.net, filed for an initial public offering Friday, hoping to raise $50 million via the stock market. As a consequence, all employees of Andover.net, including Slashdot founders Rob Malda and Jeff Bates, must abide by Securities & Exchange Commission restrictions forbidding them to talk about their company's future prospects..."

"As usual, the prospectus filed by Andover.net with the SEC contained some intriguing goodies -- not the least of which is that Andover.net is now styling itself the "the leading Linux/Open Source destination on the Internet." This is quick work for a network of Web sites that did not include any sites devoted solely to Linux or open-source software until the purchase of Slashdot last June."

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