GOOGLE is going public with IPO

[Dial_tone]

Right, all the venture capitalists that have been funding Google up to now will be first to cash out, then other institutional investors like mutual funds, pension funds, etc. The small guy will have to hope that like the Red Hat IPO he can buy in at 150 and ride it to 300. On the other hand the VC's sunk almost $90 miilion into the dotcom I worked for and they ain't got shit to show for it. They crashed and burned over a year ago. I got two denim shirts and a nice coffee mug out of my 15,000 options though.

 

[bran987]

Yep. The sheep that start buying after the shares go on the market, are doing nothing more than making money for the big guys who already got their stock at the initial moment.

It's in their interest to glamorize this IPO as much as they can in the press before the big day, so as soon as the bell sounds -- their profits go off the roof.

Dot-coms weren't really losers. Their investors made HUGE profits cuz they IPO'd firms at shares where THEY got in early at $5/share -- it went to market, popped up to $80/share. They sold and pocketed the profits. They could care less that the sheep lost billions 2 years later when they found out the dot-com folks were just playing doom and eating pizza all day. Investors could've cared less if the dot-coms were actually *doing* anything. The Dot-Com IPO is where the money was.

dude you know EBAY went public 6 years ago and has been going straight up ever since, right? it's valued at $55 billion

 

[gonelifting]

Like I said in my previous post, I was in on some IPOs and I certainly did`nt have 250k. I DID have a large enough account to get "preferred". I also had a discount broker. Discover Brokerage Direct. They are now Harris Direct. I`m not making this up bros.

They would ask whoever is interested in their IPO to "register" their name and they would let you know if you got the shares. Of course there were limited amounts of shares you could purchase. Some IPO`s I got, some I did`nt. After they approved your request, you would then "accept" to buy them or not BEFORE the day of the IPO. The day it opened, it could have been priced at $10/share but could rocket to $50, or even OPEN at $50 and you`re still in with the $10/share price. It was a fantasy world. damn...

 

[bran987]

Like I said in my previous post, I was in on some IPOs and I certainly did`nt have 250k. I DID have a large enough account to get "preferred". I also had a discount broker. Discover Brokerage Direct. They are now Harris Direct. I`m not making this up bros.

They would ask whoever is interested in their IPO to "register" their name and they would let you know if you got the shares. Of course there were limited amounts of shares you could purchase. Some IPO`s I got, some I did`nt. After they approved your request, you would then "accept" to buy them or not BEFORE the day of the IPO. The day it opened, it could have been priced at $10/share but could rocket to $50, or even OPEN at $50 and you`re still in with the $10/share price. It was a fantasy world. damn...

right, at the height of the tech boom there were such an overabundance of IPO's even smaller accounts could get in on them.. just not the ones that were guaranteed to go up. of course back then everything was going up so it didn't matter. I can't remember the name of the one we used but we were involved with one too... Fox or something only required a 15k account

 

[gonelifting]

right, at the height of the tech boom there were such an overabundance of IPO's even smaller accounts could get in on them.. just not the ones that were guaranteed to go up. of course back then everything was going up so it didn't matter. I can't remember the name of the one we used but we were involved with one too... Fox or something only required a 15k account

I was offered the RedHat IPO and a ton of others... I don`t remember. I just rember RH because of the above post.

 

[bran987]

I was offered the RedHat IPO and a ton of others... I don`t remember. I just rember RH because of the above post.

I stand corrected, as I feel sure RedHat was probably a sure thing IPO at the time!

 

[Razorguns]

>day it opened, it could have been priced at $10/share but could rocket to $50, or >even OPEN at $50 and you`re still in with the $10/share price. It was a fantasy >world. damn

Yep. Like anyone on Wall Street can tell you. If you want to make money on wall street, you NEED money to begin with.

If someone can grab me google stock at it's initial STARTING value, i will GLADLY give you my entire life's savings, plus my entire families for it.

Then at 4pm we'll sell and go on a nice long world vacation.

 

[georgie24]

WOW theres some smart bro's here

 

[georgie24]

ok price is set 2.7 billion dollars this will drop in the next few months

 

[Code]

It's not an actual IPO.

They are seeking 2.7 billion from a series of banks.... credit suisse and a couple others.

ok price is set 2.7 billion dollars this will drop in the next few months