Kisser

STONE ARRIVED at the Carlyle Hotel at Madison and Seventy-sixth at the stroke of ten. He didn’t see Mitzi or Tom, but Derek Sharpe and Sig Larsen were sitting at a corner table in the dining room, so he joined them.

“Good morning, gentlemen,” Stone said, and hands were shaken. He sat down and looked at his watch.

“What’s that about women?” Mitzi asked, and they all turned to look at her. She was wearing a flaming red suit and carrying a handbag to match. Every head in the dining room had turned to follow her.

Everybody stood up, Larsen held a chair for her. “Would you like something, Mitzi?”

“Yes. I’ll order breakfast.” A waiter appeared, and she ordered scrambled eggs, bacon, and toast.

“I’ll have the same,” Stone said, “with orange juice, coffee later.”

The two men seemed surprised that Stone and Mitzi were ordering food.

“Derek and I had breakfast earlier,” Larsen said, pouring himself and Derek another cup of coffee from the pot on the table.

There was idle chat for a moment, then Larsen said, “So, Mitzi, what did you think of our investment opportunity?”

“I think it’s very exciting,” she replied. “Stone is slightly less enthusiastic.”

“Not at all,” Stone said. “I’m just accustomed to having more information before I advise a client to make an investment.”

“As I told Stone,” Larsen said, “I am the only person outside the company who has all the facts, and since it’s crucial to keep the news of this software a secret until the company is ready to announce it, I simply can’t tell anyone anything that isn’t in the prospectus, and I promise you, very few people have seen that.”

“I understand completely,” Mitzi said. “And when do you think the announcement will be made?”

“And what would you anticipate the stock price will do at that time?”

“That’s when the initial public offering would be made,” Larsen said, “and I believe it will at least triple on the first day of the offering. It’s going to be the hottest thing since Google.”

“It finished beta testing yesterday,” Larsen said, “and the results were fantastic—very few bugs for a brilliant new program. The next three months will be devoted to organizing the IPO and slipping subtle hints to the trade and business press to create a high level of buzz.”

“And at what level will the stock be offered?” Stone asked. He turned his head slightly so that his earbug would capture their voices clearly.

“Somewhere in the fifty to seventy-five range, probably,” Larsen replied. “You could make a bundle, Mitzi, by selling on the first day.”

“And at what level would you like to participate?” Larsen asked.

“I’ll take a hundred thousand shares,” she replied, removing an alligator checkbook from her handbag and opening it. “At fifty dollars a share. Do you have a pen, Sig?”

Larsen nearly broke an arm extracting a pen from his jacket pocket and handing it to her. “I will get you that price,” he said. “I must say, I had expected a cashier’s check.”

“You think my personal check isn’t good, Sig?” Mitzi asked, gazing at him across the table.

“Of course I don’t think that, Mitzi; I’ll just have to wait until the check clears before having the stock issued to you.”

“Well, that will take only a few days,” Mitzi said. “To whom shall I make the check?”

“I’ll have to move your money through my firm and issue my own check to the company, since its name must remain secret. I shouldn’t think it would be more than four or five days before I can issue the stock.”

Mitzi wrote a check for five million dollars and noted “100,000 shares” on it. “Let’s be clear,” she said. “This is for shares in the company that you described in the prospectus, not in Larsen Enterprises.”

“Of course it is,” Sig said, looking at the check. “A Charleston bank?”

“I don’t have a New York account yet,” Mitzi said. “Perhaps you could suggest a bank here?”

“I work with half a dozen,” Larsen said, “mostly small, privately owned banks. I should think that for your purposes one of the big banks, Morgan Chase, perhaps, would be fine. Just pick a branch near your home.”

Conversation seemed to pall, and Larsen and Sharpe seemed a bit antsy.

Larsen consulted his wristwatch. “Oh, Derek and I have another appointment downtown in half an hour,” he said. “I hope you don’t mind if we leave you to your breakfast.” They stood up and hands were shaken. “You’re going to be a very happy woman in three months,” Larsen said. “Bye, now. Bye, Stone.”

“Derek, could I speak to you for a moment before you leave?” Mitzi asked.

Stone put down his fork. “Please excuse me for a moment.” He went looking for the men’s room.

“Well, Derek,” she said, “my friends from Charleston were very pleased with the quality of the, ah, ‘art,’ you sold them, and they’d like to make another purchase.”

“No. This time they’re less interested in the grassy picture and more interested in the powdery ones.”

She leaned forward and whispered, “Ten kilos.” “My goodness,” Sharpe said. “Your friends have become more . . . commercial, shall we say!”

“Perhaps. I’m not familiar with their business arrangements.”

“Two, three days,” Sharpe said. “And at the same price per.”

“Oh, I should think a volume discount would be in order,” Mitzi said.

“Oh, I think ten percent would be more acceptable to my friends,” Mitzi said, giving him a brilliant smile.

“We’ll do it the same way as last time,” Mitzi said. “I’m more comfortable with this sort of transaction in my own home.”

“I don’t know about that, Mitzi,” Sharpe said. “My sources don’t like to repeat themselves geographically. I’m sure you understand.”

“No, I don’t,” Mitzi said firmly. “And I’m not going to do this on some street corner. Anywhere else but my home would be a deal breaker.”

“Try hard,” Mitzi replied. She shook his hand, and he went to join Larsen in the lobby, just as Stone was returning.

“I got ten percent off!” Mitzi squealed. “He bridled at doing it in the apartment again, but I put my foot down.” She looked around. “This is an awfully nice hotel; why don’t we get a room?”

Stone looked at his watch. “I’m afraid you’ll have to wait until tonight before I can jump you. Eight thirty at Elaine’s?”