Just read about it on CNN. Going asking for an IPO of 2.7 Billion dollars from the SEC. Maybe it will revitalize the stock market like they are saying
I just want it to happen already. It'll make google one of the big-bad-corporations like Microsoft or Xerox, but oh well.
it means they'll "go public"... People will be able to buy x% of the company (the owner of Google would keep 51% at all times, and the other 49% would be split between investors and employees). If the market works for them, and they prove that they can make profits, they *could* increase the value of the company quite a bit. Only thing I don't remember is how public an IPO is. I don't think it'll be readily available on e-trade, but I think some investment agents can get a hold of it? Feel free to correct me.
When I heard the BBC reporting it in the news the other day, I heard talk of 'an auction' of sorts, which 'would allow members of the public an equal chance of getting shares'.
If it's available to the public, and I get the jeep sold today, I'm going to be jumping all over that. Google is one of those companies that's going to do a bit of everything, I don't see their stock dropping for a while (assuming it doesn't start off at a ridiculous price, which it probably will because of all this publicity )
