penfold25 - 2:25 pm on Aug 18, 2004 (gmt 0)
I think they preferred this to happen, the higher the price the actual worse it is for the stock and would make expectations for google unrealistic, its almost convenient they did this now...
Any other time they would have gone IPO the price would have been insane and a bust was likely.
It would have alot harder for the price to go up
I think it is a good thing, the lower for them the better.