When is Google IPO

[glugglug]

Anyone know what day it becomes publicly available?

and thoughts on a target market cap and/or P/E for this?

 

[dxkj]

the fall... it will be an online auction fo the stock.

 

[pulse8]

Originally posted by: dxkj
the fall... it will be an online auction fo the stock.

Online auction or lottery?

 

[Lucky]

Auction. They set a target price, and the stocks are awarded to those who bid the highest over that.

 

[DaveSimmons]

> and thoughts on a target market cap and/or P/E for this?

Way higher than it is worth -- they're giving away a free tulip with every 100 shares.

 

[glugglug]

Is this like a silent "auction" where you only get to bid once? Or are we talking about something more akin to bidding for google on e-bay?

 

[Lucky]

its a silent auction.

theres an extremely thorough article on google and the ipo in today's wall street journal if anyone is interested enough to pick up a copy. has previously unkown details of the company and its financials.

bottom line is that this kind of auction is pretty rare, and unprecented for an IPO of this size (which is the largest tech IPO ever, and 15th largest IPO period).

pretty much every investment bank advised against it, obviously because if this catches on it seriously threatens their wealth and power.