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Old 04-30-2004, 12:01 PM   #1
Jon
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Google Sets $2.7 Billion IPO

It's finally official!!

Google will be releasing an IPO sometime soon!!

Quote:
NEW YORK (CNN/Money) - Google, the world's No. 1 Internet search engine, finally filed for its initial public stock offering Thursday and promised to maintain its long-term focus even though it will soon face the intense scrutiny of Wall Street.
Full article here - CNN Money :: Google IPO

This is by far some of the best news I've heard since I landed a job with them.. God bless Google!!

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Old 04-30-2004, 12:04 PM   #2
Thong Sniper
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wow! cool! people who have money and want to make more can now!
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Old 04-30-2004, 12:06 PM   #3
tbabe
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Quote:
Originally posted by Thong Sniper
wow! cool! people who have money and want to make more can now!
hahaha well, thats true for the opening, but i feel google will be a great long term buy, but i also thought enron was a great stock to hold onto, so take it for what its worth.
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Old 04-30-2004, 12:23 PM   #4
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NY Times reported today that Google will be worth between $30 Billion - $50 Billion after they go public.. If you don't currently hold a position at Google for options, then BUY options, because you damn well know the stock will jump, then sell. You just might be able to pull off more profits from some quick flips on Google in one month than with adult in a year.
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Old 04-30-2004, 12:31 PM   #5
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Also forgot to add:

http://money.cnn.com/2004/04/29/tech...reut/index.htm

Google's founders and executive staff will have a lot more control over the company than the public would. Personally, I think this is a bold and fantastic move by Google. Keeping it tough as hell for competitors to try and acquire them, while also making it tough as shit for the board to gain real company control over them as well. The reason Google has been so innovative and absolutely amazing is because they focus on their market, and not on wealth.

Yahoo, focuses plain and simple on making a lot of money. Google focuses on maximizing the ROI of their advertisers, while still providing extremely relevant search results to it's users. MSN, well, when they release their new algo we'll see what they are up to.
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Old 04-30-2004, 12:31 PM   #6
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If only I had the cash to invest
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RecurCash.com - Averaging $38/sale with 60% revshare in the first 4 months alone!

Convert your TEEN traffic today @ better than 1:500 guaranteed. ICQ me: 18287590!
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Old 04-30-2004, 12:33 PM   #7
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Quote:
Originally posted by High Quality
If only I had the cash to invest

Liquidate.
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