Google IPO, Stock Price Range Set

Google has set the price range for the stock offering, they could raise up to 3 Billion dollars with the offering.

Values of the company after the IPO have been mentioned from 40 to 80 Billion dollars, but some researchers have questioned those estimates and if they can be sustained in the aftermarket.

http://news.com.com/Google+sets+its+IPO+price+range/2100-1032_3-5283465.html?tag=html.alert

 

At the price range of their stock offering, the market value for Google would be around $30 to $40 billion. That's about as big as Yahoo!'s market value. They also posted revenues and earnings over the last 6 months compared to the prior period of last year. They definitely have some good growth in both revenues and net profits there.

 

The following is a Business Week article on the Google IPO.

Anyone interested should continue to study these issues, have fun, good investing.

http://www.businessweek.com/magazine/content/04_32/b3895063_mz011.htm

This next article is the BIG ONE, it has a hell of a lot of information and LINKS within.

http://www.washingtonpost.com/wp-dyn/articles/A33880-2004Aug2.html

YOU WILL NEED TO REGISTER TO READ IT, BUT IT IS WORTH IT.....

 

Look who joins the Blademaster squad! Anthony & Bob account for 10% of DP's posts

Back on topic... I wonder what their stock will be worth after a week though. It might well come flying down right away after the hype settled down.

 

One thing that is lost in all the hype is the class of shares being offered to the public, they are class "B" shares with little voting power. Class "A" shares have 10 votes, the shares sold to the public ("B" shares) have 1 vote.

When they start trading freely in the open market they will become like every other stock that trades, just a trend line with a high and low range on a chart.

There is no reason to look at an investment in Google any different than any other stock in the marketplace.

TOP30, if Bob and I got along we would only have accounted for 5% of the posts, about 1,000 of those posts were he and I fighting with each other

 

Former Internet analyst comments on the Google IPO, this is from the same guy that drove a lot of stocks high before the last internet bubble, maybe he has changed his ways.

http://cbs.marketwatch.com/news/story.asp?guid={0FE6E7BC-1125-4EF6-B8FD-70DAEA858F6C}&siteid=mktw&dist=nbk

Small investors are saying NO to the Google offer at a rate of 90%

http://cbs.marketwatch.com/news/story.asp?guid=%7BB7871FFA%2DDB9F%2D4303%2D80BF%2D33FAFFF60FEC%7D&siteid=mktw

 

The cost of the shares was bid way too high. Don't bother throwing your money away.

 

Joel I would rather invest in your company, I was looking at your ASP blog service the other day and was very impressed, do you mind if I start a thread on your company?

Would you be willing to discuss the concept with membership?

 

Congratulations on Blademaster status Anthonycea. You have earned it.

 

Yeah, but I am still waiting for Shawn to Western Union me that check, I heard through the grapevine that he owns Western Union

 

Google is still having problems getting the IPO off.

A hedge manager is quoted in the below article as saying "The Google IPO is a Mess"

http://cbs.marketwatch.com/news/story.asp?guid={7C98F0BA-26D3-404A-8004-7C534095B063}&siteid=mktw&dist=nbk

Have fun!

 

Google IPO to move on after the company cuts the price range of shares because of week demand, they also cut the amount of shares to be sold by Google insiders.

http://news.com.com/Weak+demand+behind+Google+price+cut/2100-1038_3-5315347.html?tag=html.alert