How do I buy Google stock when it comes out?
 

how does it work when you buy stock in an IPO?
I mean do the regular people have to wait, or is it first come first serve the morning it's released?

I have no clue on IPOs

You buy it before it comes out

What goes up will come down.

I think that with the auction system they are going to use the price will be way over the top.....

I really dont think it will be the road to instant riches that it is being touted as......... maybe over the long term it will work, but I wouldnt trust any internet investment over an extended period :2 cents:

I've wondered as well, how this shit works. Never played with stocks before.

it's called a Dutch Auction

pretty simple, you just pick what you're willing to pay per share..

if u pick something too low, you'll probably miss out.. if you pick something too high, then you've paid too much

keep in mind that the maximum worth of Google is estimated to be $30Billion.. so you work out the # of shares, times it by the cost per share and you'll get the total amount that google is worth..

Thanx

how does one know the total number of shares being offered?

It's not set in stone yet I believe - Google has reserved the right to change things around depending on the kinds of bids they get.. there is a benchmark #, could probably find it if u do a search with google :)

I'm sure many will buy early and dump it when they get enough profit from it.

You also have to have an account setup with the underwr.iters.

that's the whole point of the dutch auction.. so that investors cannot do this..

I think there was also discussion whereby investors cannot trade the stock for 1 year.. don't think this is happening to Google though, but it has been done in the past to stop people from making quick profits

you got that right !

I would watch out, there only major source of revenue is basically adwords. Sure they are good, but they kind of have all their eggs in one basket.

No offense, but if you're asking these sorts of questions, you should probably be studying a LOT more about how this stuff works before you invest your risk capital. :2 cents:

That said, you don't HAVE to have a brokerage account with one of the underhahahahahars -- but it helps. In this situation, it'll help quite a bit - who knows who's going to get access to this auction and when. Definitely not your typical IPO.

Getting started -- contact Morgan Stanley or CSFB at the addresses on this page and get yourself a prospectus about the offering. That'll give you the information you should be absorbing before even thinking about touching this POS...

Good luck! :winkwink:

Just make sure you get it at the offering price and not the opening price.