Google IPO announced

Joe · Post by **Joe** » 2004-04-30 12:53am

http://news.bbc.co.uk/2/hi/business/3670951.stm

I would love to get ahold of some of this stock.

Rogue 9 · Post by **Rogue 9** » 2004-04-30 02:04am

*Calls broker*

Post by **Gandalf** » 2004-04-30 02:05am

As would I.

Am I the only person on Earth who doesn't use Google?

Rogue 9 · Post by **Rogue 9** » 2004-04-30 02:09am

Actually, I tend to use Ask Jeeves just out of force of habit.

Knife · Post by **Knife** » 2004-04-30 02:12am

Rogue 9 wrote:Actually, I tend to use Ask Jeeves just out of force of habit.

Only when I have something very specific to look up.

Rogue 9 · Post by **Rogue 9** » 2004-04-30 02:15am

Anyhoo... Yeah, I'm getting myself some Google stock. If nothing else, just to be able to say I have some. If it pans out, great. If not, well I'm not going to buy so much that it'd break me anyway.

Sarevok · Post by **Sarevok** » 2004-04-30 03:29am

Gandalf wrote:As would I.

Am I the only person on Earth who doesn't use Google?

I use Yahoo ! as well as Google when searching.

General Zod · Post by **General Zod** » 2004-04-30 10:33am

Gandalf wrote:As would I.

Am I the only person on Earth who doesn't use Google?

after discovering alltheweb.com, i rarely use google myself anymore. only real interest that's making me keep an eye on google is their gmail service that's being worked on.

phongn · Post by **phongn** » 2004-04-30 11:40am

I might get the stock once the roller-coaster ride it'll be on is done with.

The Kernel · Post by **The Kernel** » 2004-04-30 12:10pm

I'm on the friends list, so I've got 1000 shares reserved at the initial price. I wish I could get more, but this is one hot IPO and they are being extremely stingy with even giving the employees options.

Joe · Post by **Joe** » 2004-04-30 12:13pm

The Kernel wrote:I'm on the friends list, so I've got 1000 shares reserved at the initial price. I wish I could get more, but this is one hot IPO and they are being extremely stingy with even giving the employees options.

No down payment or anything? Damn, you got a sweet deal.

The Kernel · Post by **The Kernel** » 2004-04-30 12:18pm

Joe wrote:
The Kernel wrote:I'm on the friends list, so I've got 1000 shares reserved at the initial price. I wish I could get more, but this is one hot IPO and they are being extremely stingy with even giving the employees options.
No down payment or anything? Damn, you got a sweet deal.

That's very typical for these sorts of IPO's--they have a list of friends and family that get the first dibs on the stock offering up to a certain amount of shares at the set initial price. The really nice thing is that on a stock this hot, it could easily double its initial share price in the first day and unlike the insiders, there is nothing to stop us from merely selling a few hours later and pocketing the profit.

phongn · Post by **phongn** » 2004-04-30 04:00pm

The Kernel wrote:I'm on the friends list, so I've got 1000 shares reserved at the initial price. I wish I could get more, but this is one hot IPO and they are being extremely stingy with even giving the employees options.

I hate you.

Pu-239 · Post by **Pu-239** » 2004-05-01 12:59am

Darth_Zod wrote:
Gandalf wrote:As would I.

Am I the only person on Earth who doesn't use Google?
after discovering alltheweb.com, i rarely use google myself anymore. only real interest that's making me keep an eye on google is their gmail service that's being worked on.

Google has a larger search database though.

TrailerParkJawa · Post by **TrailerParkJawa** » 2004-05-01 02:08am

Google is a great engine but all the hype of the IPO is just that hype.
Oh, did you know that shares reserved for management count as 10 shares when it comes to voting? Its nices to see they are setting themselves up to NOT be responsible to share holders.

Stark · Post by **Stark** » 2004-05-01 04:30am

TrailerParkJawa wrote:Google is a great engine but all the hype of the IPO is just that hype.
Oh, did you know that shares reserved for management count as 10 shares when it comes to voting? Its nices to see they are setting themselves up to NOT be responsible to share holders.

Isn't it likely that after going public Google will go the way of the thousands of engines before it; increasingly intrusive advertising, extra 'useful' features, news windows, general clutter etc?

Post by **Mr Bean** » 2004-05-01 10:50am

Isn't it likely that after going public Google will go the way of the thousands of engines before it; increasingly intrusive advertising, extra 'useful' features, news windows, general clutter etc?

Not if they stick to their word or have half a brain, the plain simple search and finding things approach has been their main drawl and why they do so well, bundling a ton of "features" just makes them another MSN and on the way out the door

phongn · Post by **phongn** » 2004-05-01 11:42am

Stark wrote:Isn't it likely that after going public Google will go the way of the thousands of engines before it; increasingly intrusive advertising, extra 'useful' features, news windows, general clutter etc?

Not if they know what's good for them. However, PageRank has been defeated and Google seems to have no inclination to try and rework it. Besides, most of their revenue comes from Google Ads.

Admiral Valdemar · Post by **Admiral Valdemar** » 2004-05-01 12:23pm

Buying stock in a dotcom has been consigned to the "bad idea" section of my mind ever since the tremendous crash a few years back. I don't see Google's bubble going a couple of extra years without bursting, it wasn't long ago when Alta Vista was the top dog along with Lycos. It's too dynamic a medium to invest in, at least to me.