It’s time for a little news ketchup!
Today’s the Ancestry.com IPO
Yesterday, Ancestry.com announced the pricing of its IPO at $13.50 per share. And today is the day that Ancestry.com goes public! They began trading on the NASDAQ this morning under the symbol ACOM. You can read the announcement in the new Investor Relations section of the Ancestry.com corporate website.
The Ancestry.com Investor Relations section includes a page for your smart phone with up to the minute news and stock quotes, no doubt delayed by 20 minutes. (As I write this before the market opens, the page optimistically shows a green up arrow.) And no doubt Ancestry.com employees will spend a record amount of time today watching the price of their stock change minute by minute and hour by hour.
Today’s the Last Day to Vote
Today I fixed the NFS rollout news
Today I've fixed yesterday's NFS rollout news. I miscounted the number of stakes in the Jordan River temple district. Thoughtful reader, RayDean, alerted me to the error. Good news. The rollout will likely finish a week earlier, before Thanksgiving. The corrected article is "NFS Rollout News for Election Day 2009." The corrections have also been applied to "Temple Districts Using New FamilySearch."
For a little entertainment, try e-mailing a request for an Ancestry.com stock prospectus to the BofA Merrill Lynch e-mail address included in Ancestry.com press release yesterday (Prospectus.Requests@ml.com). Yesterday about 8:00pm e-mails sent to this address were answered with an automated message that they were out of the office until 16 November!
(Sarcasm Warning!) They're probably spending their big bonuses before the government can take the money back. Your tax dollars at work. Ancestry.com is really getting their money's worth for the $1.5 million fee they're paying Merrill Lynch. I'm sure the other underwriting banks don't mind Merrill Lynch taking a little time off during the IPO. It’s not like we’re in a risky environment, or anything. (Sarcasm warning ended.)