EquityMind - 12:57 pm on May 3, 2004 (gmt 0)

Also, remember, that $100.00 invested in Yahoo's IPO in 1996 would fetch $2,000.00 today (roughly). I have been getting so many calls from people who want to get in on Google's IPO, not because they feel they will profit on day one, but because they like the company or because 'it's sexy' and they plan on holding on to the stock like its a piece of history. Many feel that it would make excellent dinner party conversation to say 'I got in on Google's IPO, only because most assume that to acquire shares during this IPO would seem so impossible, so those that do would achieve a certain status, these aren't the type of people who are going to complain about dips in the near term, they'd rather hold on to their little stake and see what happens.

I think this is exactly the intention of Larry and Sergey, to reduce the institutional 'flip' of the shares on trading day and to have ownership from the public that loves them so much and believes in the company, hence the unusual nature of the offering. Now granted, I'm making these observations just from a random sampling of people that I know personally, but I get asked about advice on stocks quite a bit and this is perhaps the most interest in a single company that I have ever had inquiry on including from people who are not traditional investors but for some reason, want to be part of this one.

EquityMind