Google Finance, Govt, Policy and Business Issues Forum

[edited by: bakedjake at 8:16 pm (utc) on Aug. 18, 2004]

/stuck at work

[reuters.com...]

GoogleGuy won't be back home for another couple of hours --he's at the Hatteras dealer.

Congratulations to everyone involved with Google. A lot of your hard work over the years is directly paying off now. Enjoy it

[edited by: nosense at 8:29 pm (utc) on Aug. 18, 2004]

Hmmmm that would be unwise, we are cancelling vacation

If you have submitted a bid, you should access the current prospectus and carefully reconsider your bid(s). Bids may be accepted by the underwriters at any time after 5:00 p.m. (Eastern Daylight Time) today by sending you a notice of acceptance. You may withdraw your bid(s) by contacting your brokerage firm at any time until the notice of acceptance is sent to you.

I expect the notice of acceptance to come in about 6.00 PM tonight {that is if I am not outbid}

Neverthless, Good luck with this IPO. I hope this IPO revives the Bay Area economy a bit more:)

Don't count on it. Instead, count on everyone who buys IPO shares losing about 30% of their value. Google is going to make a few millionaires - the problem is the people they make millionaires used to be BILLIONAIRES :)

Even if the price goes down by 60% from IPO price, it still makes 1000s of Google employees here in Bay Area first time millionaires. Don't you think that will have some +ve impact on the local economy here!. Me thinks, it will!

Either way though, it's going to be 6 months before the employees can sell any of their stock. Might not be worth much then.

Actually small portions can be sold at 15 days after they go public, with more and more being able to sell at 90, 120, and 150 days.

Wow .. that seems to be interesting to know. Typical lockout is for 6 months. But GOOG defied norms from the start

Great news for those who aint millionaires - those new ones will be throwing money around, which would result in raise of prices for everyone :)

Aye! Aye!

and talking every hour ..on the hour on the world service in depth for 10 minutes on the history ..dotcom boom ..etc ..and the handling of the IPO..

Im not sure this could go either way, the shares had to be alot lower to avoid this.

If that's true, then that's even more of a reason not to buy. When employees sell their shares, the price per share goes DOWN. The standard 6 month employee hold is designed to prevent this, so the employees don't sell on opening day and tank everything.