Google Files for $2.7 Bln IPO with SEC
 

WASHINGTON (Reuters) - Google Inc., the world's No. 1 Web search provider, filed with U.S. regulators on Thursday to become a publicly listed company and sell as much as $2.7 billion in stock in a widely expected initial public offering.


Mountain View, California-based Google said it would seek to list on either the Nasdaq market or the New York Stock Exchange (news - web sites).


Morgan Stanley (NYSE:MWD - news) and Credit Suisse First Boston were listed as lead underhahahahahars for the offering, which experts have said could be valued at $20 billion, or more, once further details of the deal are set.


http://news.yahoo.com/news?tmpl=stor...tech_google_dc



Whats your take on dumping money into this monster?

where do I sign up ?

hehehe... too late

it's been over-subscribed and pre-allocated

but i'll let you guys know how i make out :winkwink:

wow

looking into getting some

Wonder what it will mean for google. Do you think that their popularity has decreased some?

Its gonna be the biggest in a loooong time.

put stock into AOL :thumbsup

I'm intrigued by this 'auction-based IPO' they're doing...

From AP:
"As expected, Google said the price of its IPO will be determined through an auction designed to give the general public a better chance to buy its stock before the shares begin trading, most likely in late summer or early autumn. IPO shares traditionally have been restricted to an elite group picked by the investment bankers handling the deal.

Google picked two long-established investment bankers ? Morgan Stanley and Credit Suisse First Boston ? to manage its unconventional IPO approach."

How's that gonna work? Does this mean that the only big firms are going to get subscribed in the offering are the ones that bid the highest? Sounds like they'll be having mini-auctions among their customers as well, if that's the case... but no guarantees for anyone on anything... this could be fun!