|
April 20, 2000
Contact: Carol Eckert, (415) 977-3853
SUBJECT MATTER EXPERT AVAILABLE
ON IPO'S EFFECT ON EMPLOYEE WEALTH
| WHO: |
Joe Mattey, Ph.D., Research Officer
Federal Reserve Bank of San Francisco |
| WHAT: |
Authored FRBSF Economic Letter titled "CaliforniaÌs
IPO Gold Rush."
Available at http://www.frbsf.org/econrsrch/wklyltr/2000/el2000-07.html
Mattey looks at California's recent IPO trends, including after-market
performance, and provides "back of the envelope" estimates
of how much equity wealth has been shared with employees of California
firms that have recently gone public.
|
| WHY: |
Reporters who are doing articles on the California economy, on labor
compensation, and on IPOs from the employee point of view and who
are seeking neutral, third-party input to bring perspective to their
stories may wish to contact Mattey directly at (415) 974-3201. |
|
