Doug Henwood wrote:
> Actually a porn site, efox.com, reported doesn't have the cash to pay its
> models, but it's been giving them stock options in advance of a hoped-for
> IPO.
Correct me if I'm wrong, Doug, but I understood that porn sites couldn't go public because none of the stock exchanges would allow porn-related companies to be traded. At least, this is what I heard from an investor I met recently at an alcohol-fest for Salon magazine . . . she said that there was always a limit to the amount one could make on porn sites because they had to stay private.
--
Annalee Newitz tabloid at jps.net http://socrates.berkeley.edu/~annaleen
Chair, Bad Subjects http://eserver.org/bs