Would you buy stock in Google, if they went public?

[MalikChen]

Google is thinking about becoming a publicly traded company, so it would become possible to buy stock in everyone's favorite search engine. The question is, would you? I'm not asking for financial advice, I just wanna see what the average AT forum member would say.

 

[dave127]

R

 

[screw3d]

No, I'm a flat-broke student

LOL well put. Describes me perfectly.

 

[ajpa123]

Great article a month ago in business week about how the Google IPO will ignite the IPO market and give the already strong Nasdaq another reason to make crazy gains.
Too risky for me.. unless you get it at the early IPO price.. I would wait till the next capitulation and buy a ton if they have a positive outlook at that time

 

[IanthePez]

If I bought any it would be as soon as they put it up before the prices got high. I'd probably get out a month or so later. I would also only put $200 max just because I don't have too much money to throw around.

 

[Hayabusa Rider]

It depends on how the IPO was priced. If not too high, sure. Probably do what Netscape did. I would buy in and sell when it peaked. I would have no interest in holding onto an internet stock long term.

 

[royaldank]

Buy early, and sell late in the day.

 

[Dudd]

Depends on whether or not google is making any money. I have no idea whether or not they are profitable in addition to being a great search engine, so for right now, I'd say no.

 

[DaveSimmons]

Not a chance, it's a lousy investment.

People are going to be setting the price based on how much they like Google, not based on the company's business plan or long-term (even near-term) prospects. The price will be some insane over-valuation like for dot-coms during the internet bubble. No tulips for me.

If I were a market timer / day-trader type, or one of the insiders getting the initial price I'd consider buying to dump the same day, but as a buy-and-hold guy I'll stick to my mutual funds.

 

[MagicianBdotCom]

I thought they did go public?

 

[TheToOTaLL]

I'd put in my life savings + my next 3 paychecks.

 

[FrustratedUser]

I could afford to loose a few hundred, why not.

 

[ChrisIsBored]

DaveSimmons said it perfectly.

 

[Miramonti]

I would love to get some in the ipo offering and may even trade its intraday/week volatility afterwards but would never buy it as any kind of long term investment.