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-- Google Finance, Govt, Policy and Business Issues
---- Google considers online IPO auction


martinibuster - 10:14 pm on Oct 23, 2003 (gmt 0)


However, investment bankers warned that a pure online auction would risk setting an unrealistically high price for Google's shares, since there would not be enough stock available to meet the massive demand from private investors captivated by the prospect of a new dotcom gold-rush.

"They could get a $100bn" stock market value, said one person involved.

Meaning it goes into Google's pockets instead of to the usual suits.

While everyone's blabbering about "out of the box" thinking Google is once again showing that for them, there is no box.

[edited by: martinibuster at 10:19 pm (utc) on Oct. 23, 2003]


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