Google Files Long-Awaited IPO Plans
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By MICHAEL LIEDTKE, AP Business Writer

SAN FRANCISCO - Internet search engine leader Google Inc. filed its long-awaited IPO plans Thursday, setting the stage for the company to make its stock market debut

 

Do the math. What is the EPS on 105m in earnings against 2.7B? So how much equity is being sold for the 2.7B?

All this is is a way for the founders to cash in. Which is OK, they have a great product and they deserve it.

As always an opportunity for savvy short players, much like any big name recognition IPO. The auction makes an interesting twist however and is a great idea. Forces the quick buck 'trading' profits more fairly across all investors.

 

yeah, the only winner of this IPO will be the founders. this IPO is way overhpyed and probably be way overpriced. although i'm sure the price of the stock will go up in the long run, but this will not be any get-rich-quick scheme for the investors. what google is doing and providing is nothing new or unique. i personally would not invest any great amont of my money on their stocks.

 

wonder how many of the instant IPO Millionaires were smart enough to cash out back 4 years ago....

I remember watching a few of these.....

www.etoys.com - went as high as $100.00 per share... it was a warehouse that sold toys....
www.flashnet.com - some goofy little internet provider in texas or somewhere
www.flowers.com - basically a website that would arrange for flowers to be delivered....

all of these went nuts.....but i wonder if any of the original IPO holders were dumb enough to hold on?

 

[QUOTE]Originally posted by Scot
wonder how many of the instant IPO Millionaires were smart enough to cash out back 4 years ago....

I remember watching a few of these.....

www.etoys.com - went as high as $100.00 per share... it was a warehouse that sold toys....