ichthyous - 3:10 pm on Jul 27, 2004 (gmt 0)
All this numbers crunching for what? Just use common sense...Google has reached its current market-dominant position in search through the combination of innovative technology AND the lack of serious competition. Now the big boys are all in the game and Google is target number 1. Why do you think they are having an IPO at all? If they don't raise a serious amount of cash to expand they have no hope of competing against Microsoft, Yahoo, and whoever else will get into the search game in the near future. Google offers one thing and that is search. That one thing is now no longer their little monopoly. I think there will be a lot of shorting of this stock.