Google IPO Swami
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."
Opening: $16.75
Closing: $53.20
Yes, I pulled those numbers out of my *ss, exactly as everyone else will.
My <1000 UID is with a hot chick
My GUESS... more like $80 opening, $40 closing by the end of the first week of Google trading, mid $20s, where it will stablize.. Or, if we geeks have anything to say about it... $60.22 (think about it...) or $31.415 (decimals shifted to adjust to a possible real world value of G00G stock.) This is like a dotcom, but they have been "developing" for a bit longer, so they might not crash 'n burn maybe.
well, that totally depends on the number of shares, that are released. I'd say $50 per share. Seems reasonable.
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1. Enjoy your job
2. Make lots of money
3. Work within the law
Choose any two.