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Google IPO Swami

Posted by michael on from the GIGO dept.

The Google IPO Swami writes: "I'm running an experiment and Slashdot readers would be good contributors. As you may know, Google recently announced that they will be using a unique dutch auction structure to price shares of their IPO. Instead of having the underwriters determine the opening price, the price will be set by the demand of investors that register to participate. I'm interested in how well the public can estimate this demand and the price of the shares to be offered. I'm giving away free shares in Google to find out. The person that comes closest to estimating the opening and closing price of the stock on the IPO date will win shares in the company."

5 of 255 comments (clear)

  1. I'm sure to win this by Anonymous Coward · · Score: 5, Funny

    Martha Stewart has some "special" information she passed in to me.

  2. Re:euhm ... by skasingularity · · Score: 5, Funny
    Is that all google is to you? $80?

    NO GMAIL FOR YOU!

  3. Dear Slashdot by Seraphim_72 · · Score: 5, Funny

    I have a get rich quick scheme and I need your help. Those helping me can be at the bottom of my pyramid scheme, and will get millions of dollars, 3" of wang and all the heart meds you can count with a Cray. Just invoke my ip and I will make you a nigerian just for clicking. I promise....really

    --
    Slashdot, where armchair scientists get shouted down and armchair theologians get modded up.
  4. Prediction by Anonymous Coward · · Score: 5, Funny

    Opening Price: 75cents

    MiddayHigh: 150 dollars.

    Closing Price: 25 cents.

  5. The un-PC point of view in re: Google IPO by mosel-saar-ruwer · · Score: 5, Funny

    I submitted this a while back, and it was predictably rejected, but if you really care about the Google IPO, take a gander at this article:
    The Bear's Lair: The Google gross-out
    Martin Hutchinson
    UNITED PRESS INTERNATIONAL
    May 5, 2005

    ...This is all just an everyday story of tech company greed, of course -- it makes you pity the poor fools who buy the issue on a $25 billion valuation (unless they're lucky enough to sell out fast to even greater -- and soon poorer -- fools.) Of course, their chances of selling out for a quick profit, usually pretty good in a tech sector IPO, are negated in this one because Google has chosen to throw out nearly 300 years of equity market wisdom (the South Sea Bubble share issues in 1720 were done the Wall Street way, and not Google's way) and offer shares by means of a "Dutch auction"...

    Indeed, there's something uniquely unpleasant in the hippie rhetoric with which Google surrounds its activities. "We aspire to make Google an institution that makes the world a better place" we are told in the early part of the S-1 statement (the only part that many journalists appear to have read!) "Google is not a conventional company" ... and, in an inspired moment of Bill-and-Ted-speak "Don't be evil.."

    http://washingtontimes.com/upi-breaking/20040505-1 14352-5040r.htm