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


danny - 10:20 am on Oct 24, 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.

I translate that as: "Don't cut us out or you might make too much money."


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