Google Files for $2.7 Billion IPO with SEC

[CheapyD]

WASHINGTON/SAN FRANCISCO (Reuters) - Google Inc., the world's No. 1 Web search provider, filed with U.S. regulators on Thursday to become a publicly listed company and sell as much as $2.7 billion in stock in a widely expected initial public offering.
http://story.news.yahoo.com/news?tmpl=story&cid=580&e=1&u=/nm/20040429/bs_nm/tech_google_dc

[Gothic Walrus]

$2.7 billion? :shock:

That's a lot of money...but if it allows them to not charge me for my spiffy new Gmail account, I'm just peachy. :D

[snotknocker]

How many zero's is that?

[jdpimp]

2,700,000,000

expect Google to change to a crappy corporate run site like MSN in the next couple years.

[GameDude]

will cheapy take CAG public?!?!?

[bmulligan]

How would they make money? What product do they offer, cause I've been using the search engine for free, and I don't see any profit in that if I;'m an investor.

[sm04as]

Most likely advertising space for businesses or portals to them...

[PapiChullo]

How would they make money? What product do they offer, cause I've been using the search engine for free, and I don't see any profit in that if I;'m an investor.

I was thinking the same thing. Maybe they have some new paid service that they're going to unveil or something.

[PsyClerk]

Google makes money. You don't think it's a bunch of guys who run a massive search engine for free do you? "Here, use a few hundred gigs of bandwidth, it's on us!"

[PapiChullo]

I guess when you think about it, it makes sense. But you just wouldn't think about a search engine pulling in a ton of money.

[WildWop]

They have a lot of embedded advertising right now. EVERYONE uses google for their searching (besides a few oddball Yahoos), and I presume that that would be a great place to advertise. Not to mention that besides the ads in the search engine, Google supplies contextual advertisement services to other products based on user input (see also: Opera web browser). This same input-based advertising is going to be applied to Gmail as well (combs through key words in an email to give relevant ads on the page), and if you think people will shy away from the 1GB of storage for a minor privacy intrusion, you'd probably be wrong.

I'm sure they'll integrate other features in the site in the future, to further increase their already obscene traffic. Also if you get the NYTimes, check out the article they have in today's paper about how Google is making their IPO. They are basically telling investors what to do, and giving them little say in how the company is run. Not to mention a lack of quarterly earnings reports and a complete disdain for the public offering system.

They won't compromise their vision for investors, very cool.

[jeffreyjrose]

Google is extremely profitable, and their past few years' record proves it. They have expanded about as much as they can, and if they want to be the Microsoft of search engines, they need more money. More money equals better a site with more visitors and higher prices on advertising. And so, the more money comes from sale of stock.

[basketkase543]

Do you guys know how I could get into the stock market? What are the best tools to use to learn about it and to actually buy stock? I've been wanting to check it out but have know idea where to start looking.

[snotknocker]

Do you guys know how I could get into the stock market? What are the best tools to use to learn about it and to actually buy stock? I've been wanting to check it out but have know idea where to start looking.

Maybe it's just me. God please help me!!!!!
You obviously have internet access. USE IT!

or

Send me $59.99 for the official Snotknocker "Learn the Stockmarket at home" study kit.

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[PsyClerk]

Snotknocker, your attempt at emulating JimmieMac is failing miserably. Instead of coming off as an asshole who's funny on occassion, I'm getting more of a 'just plain idiot' vibe.

[snotknocker]

Snotknocker, your attempt at emulating JimmieMac is failing miserably. Instead of coming off as an asshole who's funny on occassion, I'm getting more of a 'just plain idiot' vibe.

Thanks! I love you too.

Can't a guy just have fun sometimes?
Why do you think I'm an emulator?
I'm not always an idiot. Just feel like being one today.
Loosen up buddy. You can only ride this merry-go-round once. Might as well enjoy.

[jdpimp]

Do you guys know how I could get into the stock market? What are the best tools to use to learn about it and to actually buy stock? I've been wanting to check it out but have know idea where to start looking.

check out www.fool.com it's completely free and they have an unbelievable wealth of information available.

[WildWop]

Do you guys know how I could get into the stock market? What are the best tools to use to learn about it and to actually buy stock? I've been wanting to check it out but have know idea where to start looking.



I wouldn't worry about it. The POP for the Google IPO is likely to be above your budget. They are looking not to set the POP ahead of time, like most public offerings, but have opted for investor BIDDING to get the stock in the beginning. Google is also encouraging investors to hold onto their initial holdings, rather than turn around and dump them back on the market for profit.

What this means to you is: you will not likely be able to buy Google stock at its IPO.


If you're still interested in learning the stock market, either A) take a Series 7 prep course, or B) buy the book for a Series 7 prep course. It won't teach you how to evaluate stocks and pick your investments, but it WILL help you understand how the market works.

[snotknocker]

Do you guys know how I could get into the stock market? What are the best tools to use to learn about it and to actually buy stock? I've been wanting to check it out but have know idea where to start looking.

Hey buddy no offense before. Here's a link to e really good book it will get you going.

And just to show that I'm not always an idiot here's a tip check this stock out. XYBR
http://www.powells.com/search/DTSearch/search?partner_id=23337;cgi=search%2Fsearch;search type=isbn;searchfor=0071360964&kbdi=yes&partner_id =23337&cgi=search/search&searchtype=isbn&searchfor=0071360964

Edit: This post was inspired by psyclerk's piss ant point of view

[jeffreyjrose]

Question: Who wants to own Google Stock?