Google IPO, No Thanks

july 27, 2004

Google in some sort of pre-dot-com-bust fantasy is hoping to get $108 to $135 per share when they go IPO. Yeah, right. Wake up to reality Google people. This would make the company valued up to 36 billion dollars. Now, unless there are still people out there who haven't learned from the dot-com-bust, I doubt there is going to be a feeding frenzy on this stock. Google is out of their minds to even think of this kind of price per share. No thanks Google, especially when in a month or two the stock will be selling for $20 a share and the only people that will be rich are those who had stock options in Google. Don't fall for this IPO scam.