satanclaus

msg:1232486 | 1:30 pm on Jul 12, 2004 (gmt 0) |
I don't know much about the stock market. On an IPO what price do the stocks start at per share?
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bnhall

msg:1232487 | 2:13 pm on Jul 12, 2004 (gmt 0) |
Normally investment bankers set this price. For Google's IPO, the irrational exuberence of people that want in on the IPO will set the price :-)
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skibum

msg:1232488 | 4:39 pm on Jul 12, 2004 (gmt 0) |
So how do you get in on the action? Seems like it'll either be way overpriced cause everyone wants in from the start, or nobody will buy in cause they can't figure out how to do it. [edited by: skibum at 5:14 pm (utc) on July 12, 2004]
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loanuniverse

msg:1232489 | 4:46 pm on Jul 12, 2004 (gmt 0) |
among the list of brokers handling the ipo there are several well known companies. I would guess that they will let their customers know how to bid.
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skibum

msg:1232490 | 4:48 pm on Jul 12, 2004 (gmt 0) |
Here's a little more info on who is offering shares: SF Gate Article [sfgate.com]
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HayMeadows

msg:1232491 | 5:13 pm on Jul 12, 2004 (gmt 0) |
Google applies to list on Nasdaq: [story.news.yahoo.com...]
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Fischerlaender

msg:1232492 | 5:17 pm on Jul 12, 2004 (gmt 0) |
Here's one very interesting analysis of the upcoming Google IPO from a buyer's perspective: Google IPO analysis: Buy it, then sell [management.itmanagersjournal.com] I totally agree with the conclusion in this article. Google's market share is now at its top, which means it will start decreasing in the near future - especially when MS is entering the market. The share price will be very high, not only because of the media uproar to be expected, but also because anyone knows (or at least thinks to know) how Google works and wants to buy a part of "his" search engine.
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