[jpomerenke]

Google sets IPO terms at $108-$135 pr shr (GOOG) By Steve Gelsi
NEW YORK (CBS.MW) -- Google set the estimated price range and size of its initial public offering on Monday, with the Internet search firm eyeing a price range of $108-$135 per share for 24.64 million shares. Google also plans to trade under the stock ticker "GOOG." The Mountain View, Calif. company will raise up to $3.3 billion in the IPO. Based on the middle point of the estimated price range, Google will raise $2.99 billion. Including the overallotment shares, Google could raise up to $3.8 billion in the IPO, well above the $2.7 billion maximum estimate in earlier filings. The price range signals strong interest in the profitable Internet search firm's IPO. The filing of an estimated range often marks the start of an IPO road show, when prospective companies meet with investors. Morgan Stanley (MWS) and CS First Boston (CSR) are lead underwriters of the deal.



This is easily the most F*&^** thing i have ever seen in my whole life... This is also easily the most hyped IPO ever. Peopel are going to lose a bundle on this pig.

[insomnia]

I partly disagree. Google is a profitable company who ACTUALLY isn't hated by too many people. In my eyes, they're the ideal "good guy" company. Like you've seen before, they've revolutionized the net. Their Google search engine, their GMail, contextual advertising, its really making its mark on the internet. So, a lot of people (like me) believe that Google's ideas will continue to change the way we use the internet and continue to be a profitable company!

Its different from the internet stock of the 90's, I for one believe Google's stock will do well.

[jpomerenke]

Its priced to high.... ill take bets that it sells for awhile before it actually decides what to do. You have to understand also this ipo is so hyped it will open way over the high end of the price (135 i think it was)

Absolutely crazy.....

if you actually look at the financials, business, etc and compare it to YAHOO they are very simular.... yes ill admit google is probably used more SE wise...but Yahoo has many more business that produce revenue compared to google

Lets even say YAHOO is worse off then Google...

Yahoo trades in the 20s...... Think about it....

Obvioulsy this is my opinion but im on the same side of most people out there i think.

[jpomerenke]

Originally posted by jpomerenke
Its priced to high.... ill take bets that it sells for awhile before it actually decides what to do. You have to understand also this ipo is so hyped it will open way over the high end of the price (135 i think it was)

Absolutely crazy.....

if you actually look at the financials, business, etc and compare it to YAHOO they are very simular.... yes ill admit google is probably used more SE wise...but Yahoo has many more business that produce revenue compared to google

Lets even say YAHOO is worse off then Google...

Yahoo trades in the 20s...... Think about it....

Obvioulsy this is my opinion but im on the same side of most people out there i think.

I forgot to make my main point..... You are telling me that Google is 4-5 times better then YAHOO?

[Karen]

They are completely bonkers.... but not as bonkers as the folks who will buy at that price.

Google is rolling the dice, and they will win. Sheep Herding 101 at it's finest ... that's business.

Karen

[jpomerenke]

The best part is this will be like the most expensive IPO ever..... Google is a great company and ran very well.... but do they think they are god?