Google Chooses An Underwriter For Upcoming IPO
PenguinSix writes "Bloomberg and a bunch of others are reporting that Google has hired Morgan Stanley and Goldman Sachs Group Inc. to arrange its initial public offering. This follows literally years of rumors and stories about a Google IPO. About a third of Mountain View, California-based Google may be sold in the IPO, giving the company a market value of about $12 billion, the bankers said." Google has become so invaluable to many people (like me) that they could probably raise just as much money with a blackmail scheme.
I was thinking along the lines of:
Trolling is a art,
I'd buy that for a dollar!
I have been pwned because my
Is figure out a way us regular mortals to get in on the IPO. :D
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"On any given day there would be a line of 200 investment bankers that would kill their mothers to get the Google deal,"
said Reed Taussig, chief executive officer at Callidus Software Inc., a San Jose, California based company that plans to sell shares in an IPO.
I think I will be SELLING my mom to buy some stock
The article doesn't list the planned exchange for the trade of Google Stock, but how'd you like to have the ticker GOO?
"I'll take 20,000 shares of GOO please!"
Common... it SOUNDS funny people!
*makes a face like a child who first hears that there is no santa clause*
b-b-b-b-but google is my friend
*runs away crying*
Famous Last Words: "hmm...wikipedia says it's edible"
Actually, given the number of computers Google has running pirated SCO code, their total license fee will be much higher than that.
If you do buy Google on day 1, don't use a market order (especially in the first minutes). If the IPO becomes a feeding frenzy, you could easily end up paying 2 or 3 times what you expected (and yes, your broker WILL hold you to that price, no matter how bad it is).
So true... I learned this one the hard way. Anyone remember the Palm IPO? I sure do... oh... the raping I took on that one. My first stock trade ever. Took me months to make it back.