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|IPO 'Roadshow' unimpressive|
Fund managers LESS interested now!
Just reported on CNBC that Google was 'unimpressive' during the first part of the roadshow. In fact, several fund managers said they were 'less interested' in investing in the Google IPO after.
The reason? Light on detail!
I think people are sick of this 'google is different' crap, including myself.
If you want to be really different, stay off of the capital markets.
Forgot to mention Larry and Sergey do not present well. They should be stuck in a closet somewhere during the roadshow. Nerds with big yellow teeth and uni-brows do not attract investment.
With all that money you'd think they'd get a little waxing before the roadshow!
Mercury News [mercurynews.com]
But, no matter what they do, since they selling so few stock, it gonna be absorbed by the market.
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