CNN 2012-02-05

 Hi,I am CA.This is CNN Student News,traditional versus¹ virtual.How do you prefer to go to school?That's we ask on our blog. Today we are sharing what you have to say.

 

First up,though,a deadly riot breaks out after a soccer match in Egypt.This happened yesterday.One the match ended,fans from both sides rushed the field.You can see in this video,the scene was just chaos².People hitting each other with rocks and chairs.In the fighting,at least 73 people were killed,more than a thousand fans were injured.The Egyptian military set two planes in to get the visiting teams some of its fans and some of the injured out.A CNN contributor who research soccer in the middle east says he sometimes do violence get between soccer clubs,he said he's never seen any thing this big before.

If you wanna own a company,it's not a difficult that you might think.One way you can do it to buy some company's stock,you won't own the entire company,you own a part of it.Before you can do it though,the company has to go public and to make its stock available.And the first way to do that is to something called an IPO,an initial public offering.That's what Facebook did yesterday,went public filed for IPO.Experts predicted that it will be the biggest IPO ever for an Internet company.Five billion dollars,that not what the company is work,that's how much money experts think Facebook is looking to make from its IPO.So what does this mean for a company to go public? What the potential Pros³ and cons⁴ in it?

Christine Rollman has some answers.

 

IPO stands for initial public offering.And IPO is what a mum and papa little store that's getting bigger and bigger or say social network conceived in the dorm in Harvard door room now has five hundred million people who follow it can get on the radar,get attract capital and basically grow up.

Companies wanna to go public because they want to unlock their values in their enterprise.When you can get investors⁵ to pay, to buy shares of your company and then those shares are traded on stock market like the NASDAQ or New York Stock Exchange.It also gets you money when you go public,investors are putting money into your enterprise,that allows you to raise money quickly.

 

 

Well,on the other side is when you are a public company,you are scrutinized⁶ by the government.You have to every quarter,file you number, your balance sheet to the Security Exchange Commission,so your investors and so the markets can see exactly what you are doing.If you are private company,you don't have that kind of scrutiny⁷.You do't have investors selling their stocks in your company if you have one or two bad quarters so that's one of the reasons why private companies like to stay private.

 

 

Well,eventually,it's everyone like you can me.Initially,at initial public offering,it's the big names who get in.Some of them are regional private investors,they usually get a good shot.Founders⁸ of the company get good shots if they want to buy more if they want.

Facebook is the Holy Grail of IPOs.It will be probably be the biggest tec-company IPO in history.Facebook already has five hundreds different private investors basically.And when you get to that level,that threshold, that's when the Security Exchange Commission says now you have to open your books,now you have got to file to become a public company you are getting to make.

1 versus   

prep.以…为对手，对；与…相比之下

参考例句：

• The big match tonight is England versus Spain.今晚的大赛是英格兰对西班牙。
• The most exciting game was Harvard versus Yale.最富紧张刺激的球赛是哈佛队对耶鲁队。

2 chaos   

n.混乱，无秩序

参考例句：

• After the failure of electricity supply the city was in chaos.停电后，城市一片混乱。
• The typhoon left chaos behind it.台风后一片混乱。

3 pros   

abbr.prosecuting 起诉；prosecutor 起诉人；professionals 自由职业者；proscenium （舞台）前部n.赞成的意见( pro的名词复数 )；赞成的理由；抵偿物；交换物

参考例句：

• The pros and cons cancel out. 正反两种意见抵消。 来自《现代英汉综合大词典》
• We should hear all the pros and cons of the matter before we make a decision. 我们在对这事做出决定之前，应该先听取正反两方面的意见。 来自《简明英汉词典》

4 cons   

n.欺骗，骗局( con的名词复数 )v.诈骗，哄骗( con的第三人称单数 )

参考例句：

• The pros and cons cancel out. 正反两种意见抵消。 来自《现代英汉综合大词典》
• We should hear all the pros and cons of the matter before we make a decision. 我们在对这事做出决定之前，应该先听取正反两方面的意见。 来自《简明英汉词典》

5 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

6 scrutinized   

v.仔细检查，详审( scrutinize的过去式和过去分词 )

参考例句：

• The jeweler scrutinized the diamond for flaws. 宝石商人仔细察看钻石有无瑕庇 来自《现代英汉综合大词典》
• Together we scrutinized the twelve lemon cakes from the delicatessen shop. 我们一起把甜食店里买来的十二块柠檬蛋糕细细打量了一番。 来自英汉文学 - 盖茨比

7 scrutiny   

n.详细检查，仔细观察

参考例句：

• His work looks all right,but it will not bear scrutiny.他的工作似乎很好，但是经不起仔细检查。
• Few wives in their forties can weather such a scrutiny.很少年过四十的妻子经得起这么仔细的观察。

8 founders   

n.创始人( founder的名词复数 )

参考例句：

• He was one of the founders of the university's medical faculty. 他是该大学医学院的创建人之一。 来自辞典例句
• The founders of our religion made this a cornerstone of morality. 我们宗教的创始人把这看作是道德的基石。 来自辞典例句