Originally posted by antoine
The only people who earn money from an IPO are the underwriters of it. If you want to buy the stock wait a week or two. I’m not quite sure what the advantage of buying google would be anyway. They’ve all ready experienced all the growth that they can, from now on it’s simply the market shrinking with increasing pressure from yahoo and msn.Am I not the only one who finds it coincidental that the IPO was announced nearly simultaneously with the demise of the pharmacy and gambling ads? If the gambling ads were removed solely from political pressure than they would still enable you to target non-usa countries.
You got that right! Google is going public while their balance sheet and P&L shows MAXIMUM income! It’s all downhill from here.