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Google Finance, Govt, Policy and Business Issues Forum

    
Results from poll on Google
197959 votes to date
Dpeper

10+ Year Member



 
Msg#: 386 posted 1:33 am on Aug 19, 2004 (gmt 0)

What do you think Google's share price will be at the close of its first day of trading?

How respondents have answered:

197959 votes to date
< $80 41% 82100 votes
$80 - $100 28% 55554 votes
$100 - $120 17% 34235 votes
$120 - $140 7% 15355 votes
> $140 5% 10715 votes

Intresting Poll on Yahoo [polls.yahoo.com...]

Looks like not that many people are expecting it to do well.

 

loanuniverse

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 386 posted 1:44 am on Aug 19, 2004 (gmt 0)

The way it could be interpreted also is that more than half expects it to close higher than the IPO price.

Also there are a lot of people out there that because of one reason or another did not participate in the IPO {non US or non internet people} The comments at the office from a couple of people that saw me reading this board was that "I should have told them this was happening", one of them knew it was happening, but did not have a bidder's id. He was thinking of placing a bid but could not.

I might be wrong and very probably am wrong, but I see more demand than people wanting to unload. They say you should only invest in stocks if you can afford to lose the money. This is really true when it comes to this transaction.

IITian

10+ Year Member



 
Msg#: 386 posted 1:48 am on Aug 19, 2004 (gmt 0)

All it means is that some shares are going to be bought and some sold.

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