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Old April-27th-2004, 01:39 PM   #1
claude
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Google going public not a slam dunk

I think it's refreshing that these guys are considering all of the implications of going public rather than simply counting all of the cash they will get:

http://www.theglobeandmail.com/servl...Story/Business
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Old April-27th-2004, 03:32 PM   #2
Ron Thorne
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Refreshing, indeed. It also seems to reflect maturity beyond their years.
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Old April-29th-2004, 03:23 PM   #3
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Google filed to go public today. It's founders plan to offer shares through a public auction filed through its investment bankers, Morgan Stanley and Credit Suisse First Boston. That's a refreshing change from the typical route of favored clients getting in on the IPO at below market prices.

Last edited by Gordon B; April-29th-2004 at 05:07 PM.
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Old April-29th-2004, 04:14 PM   #4
moneyp
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I can't say too much, having friends that work there, but this thread will be very interesting in six months or so.
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Old April-29th-2004, 04:22 PM   #5
claude
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Quote:
Originally Posted by mone peterson
I can't say too much, having friends that work there, but this thread will be very interesting in six months or so.

My guess is that you will have much richer friends in six months or so.
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Old April-29th-2004, 04:26 PM   #6
moneyp
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We shall see!
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Old October-23rd-2004, 01:36 PM   #7
Gordon B
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Quote:
Originally Posted by mone peterson
We shall see!
Mone, I think Claude was right on this one.


The graph doesn't show the IPO price, $85. Investors who purchased the stock in the public auction that established the IPO and held on have now doubled their money.
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Old October-23rd-2004, 06:37 PM   #8
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how many shares are still locked up and when do they become available? no way is this a good investment at these prices, it's got a $47 billion market cap. I have to imagine original investors and employees will be selling shares as soon as they can...
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Old October-24th-2004, 02:42 PM   #9
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answering my own question, 39 million shares are available to be sold on Nov. 16, and another 226 million shares come out from lockup over the subsequent three months. let's see where it is next April/May.
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Old October-25th-2004, 02:48 AM   #10
moneyp
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Jon hit on the "six-month" date I was referring too, Gordon. Let's see where it is on November 17th.
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Old October-25th-2004, 04:06 PM   #11
Gordon B
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Quote:
Originally Posted by mone peterson
Jon hit on the "six-month" date I was referring too, Gordon. Let's see where it is on November 17th.
Mone, why don't your friends buy puts and lock in gains? If I were an insider, prohibited from selling for 180 days, I'd buy Jun 2005 puts. I'd be nuts not to do so.

187.40 close today. Unreal!

Last edited by Gordon B; October-25th-2004 at 04:09 PM.
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