skier

Google IPO!

Would you hit it, or run for ya life?

They say in the first day of trades, they'll make 20-25 billion.
So is this a stock you want to invest in, or are ya going to let it ride?

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Aletheia

I am going for it, if I can get my hands on any.

metalgeek

unless your in on the IPO you'll be lucky to get the money. or at least real early in the morning.

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onetime2

I guess I just don't understand the business model. I will pass.

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Warf Rat

Google may be a great company that will accually make money, but IOP's are inherantly dangerous to small investors. If there is one thing we learned from the Internet bubble is that things to good to be true, usually are.
Watch the stock go through the roof, at first (it will be very hard to get in early, due to institutions and large brokerage firms). Then it will sell off.
After profit taking and a deflation in the price I would consider it.

Buy on bad news and sell on good news.

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A day late, and a dollar short.

HamiC

Google is probably a good company to own, but IPO's are a sucker's bet.

It is kind of like that old saying about not wanting to be a part of any club that would have you.....if, as an average investor, you can get in on an IPO, you probably don't want it.

fernweh

Now that Google's selling stock, it'll probably head down the path of cutting research and development to boost immediate profits to please shareholders, and then it will be left in the dust by its competitors sooner rather than later. Tale as old as time.

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jstory

I have a etrade account, will i be able to get some shares through them?

khuct

if i dont have a crapload of money to invest...then it's not worth it. The people who really are gonna gain from google going public are the initial investors, so i wont be jumping on the bandwagon unless i have money to throw around

BigBlueWrecking

The only people that are going to make money on this are the people in the initial IPO that then sell it off.

I would warn people of this stock because of the media and word of mouth aspect. People want it for no reason other than their name. How many of you have looked at their financials?

Go to Vegas and bet it all on red or black, they are better odds than dealing with this stock.

limited

fenwah-
In Google's statement they actually say that they are trying to avoid cutting R&D to boost profits. They actually are withholidng power from the shareholders in forms of different tiers of stock offerings to keep this from happening. Wheter or not they stick to their philosphy is anyone's guess, but at least they're openly against it to start- better than alot of other companies.

Yakk

Given that this will be a Dutch auction, the question isn't "would you buy" but rather "how much would you pay for how many shares".

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Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.

WarWagon

Whats it going for a share?

Bobaphat

get in, wait for it to blow the hell up and get out before the bubble bursts.

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Yakk

It's a Dutch auction, not a normal IPO.

You submit two numbers: what is the most you will pay per share, and how many shares you will buy.

If they are selling 1 million shares, they take the highest 1 million offers for shares, and charge them all the lowest amount bid in that top 1 million shares.

Example:
10 shares for sale.
A asks for 10 shares at 1$
B asks for 5 shares at 5$
C asks for 1 share at 100$
D asks for 5 shares at 3$
E asks for 10 shares at 0.01$

The top share offers are
C asks for 1 share at 100$
B asks for 5 shares at 5$
D asks for 4 shares at 3$
The lowest price here is 3$. So, C gets 1 share at 3$, B gets 5 shares at 3$ and D gets 4 shares at 3$.

If D bowed out, then the share price would drop to 1$, and A would get 4 shares instead of D.

The bidding is done in a blind fashon. Luckily, the dutch auction is set up so that with the number of people involved, there really isn't much point in gaming the system.

Multiple bids from one person make sense btw.

Imagine if A bid 100$ for up to 10 shares, then 10$ for up to 20 shares.

If the share price was over 100$, A would get 0 shares. If the share price was between 100$ and 10$, A would get 10 shares. If the share price was under 10$, A would get 30 shares.

In all cases, A would get the shares at the same price everyone else did.

The goal of this dutch auction is manyfold.

First, it is aimed to reduce the "next day pop" on the stock. This is viewed as a waste.

Second, instead of giving institutional investors a special place in the pecking order, everyone can choose to step in and pick up shares. The price is determined by the market from the get go, not some investment bankers.

Third, a dutch auction doesn't require arcane knowledge to set up, just some technical archtecture. This could help mitigate the parasitic stranglehold a few institutions have on the IPO process.

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Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.

bendsley

Google shares are about to start trading shortly on the NASDAQ under the ticker: GOOG

Is anyone else in TFP going to be investing in Google? If you do, you should be rich pretty soon!

Also, where do you think Google will go with $1.67 Billion?

Yahoo! Finance - Google

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gar1976

Get in early, rise the initial wave, dump and run.

WSJ ha been running some interesting articles about what google will do with $2 bil, since they currently have around $500mil in the bank. Expect to see some large changes in your favorite search engine, boys and girls.

lemans

Tech stocks are in a bear market and will continue to be in a bear market for years to come. It's true that Nasdaq went up 50% last year but if you even look at the technical analysis, Nasdaq is still in a major downtrend.

Forget about tech stocks and look into commodities (gold, silver, precious metals).

hokieian

looks like it's been a good investment initially.

Probably won't take long for the price to take a tumble, though.

lemans

google has been going up to $137.00. It's been doing alright.

Tralls

Man I wish I had botten in at the IPO, I was so close to doing so. Maybe I can make some money shorting it on the way down! (j/k)

fryan5

I had yahoo arounf IPO time... rode it to $130 and got out. No more for me!

able

Anyone have a guess what the likelihood of google splitting in the near future is? I'm a 21 year old college kid and spent my entire bankroll (~10k) when the stock was at $110 (yeah big risk, but I was willing to take it).

D Rice

The splitting of the stock is not anything. It is a common misconception. 2 shares at 100 dollars is the same as 4 shares at 25. Nothing really changes. I think the idea of people being able to afford stock at 10$ but not 50-100 is a very small percentage and doesn't make that much of a difference. I think MSFT has split once and walmart has split a lot and there are some very succesful stocks that have never split.