The Google (GOOG) IPO is still on hold: the price has been cut, the number
of shares to be sold have been cut, the SEC has requested more information
from the company regarding statements made in the Playboy interview --- but
we, as bidders, were the last to know.
Although Google sent out an email to all bidders last night stating a lower
price and lower offering, a clear explanation of what is happening is not
included. The "innovative" IPO designed to improve individual access to the
IPO process is becoming tainted.
In fact, commentators on CNBC now feel comfortable using the term
"incredible arrogance" when describing the company and the founders. As
participants in the bidder process, we certainly feel, at this point, like
we have treated with extreme indifference.
The announcement of the cut in price to $85 to $95 from the prior stated
levels of $108 to $135 clearly means that bidders have not placed bids in
the higher ranges.

http://www.geocities.com/kstorm999/stocks.htm
(Grafici e Analisi tecnica su Futures Nasdaq S&P500 Euro/US$)

GOOG Google: ThinkEquity starts coverage of today's IPO with a Buy and $120
price tgt..
deal priced at $85

http://www.geocities.com/kstorm999/stocks.htm
(Grafici e Analisi tecnica su Azioni e Futures Nasdaq S&P500 Euro/US$)


"K Storm" <nospam@nospam.com> ha scritto nel messaggio
news:2QIUc.118439$OR2.6072577@news3.tin.it...
> The Google (GOOG) IPO is still on hold: the price has been cut, the number
> of shares to be sold have been cut, the SEC has requested more information
> from the company regarding statements made in the Playboy interview ---
but
> we, as bidders, were the last to know.
> Although Google sent out an email to all bidders last night stating a
lower
> price and lower offering, a clear explanation of what is happening is not
> included. The "innovative" IPO designed to improve individual access to
the
> IPO process is becoming tainted.
> In fact, commentators on CNBC now feel comfortable using the term
> "incredible arrogance" when describing the company and the founders. As
> participants in the bidder process, we certainly feel, at this point, like
> we have treated with extreme indifference.
> The announcement of the cut in price to $85 to $95 from the prior stated
> levels of $108 to $135 clearly means that bidders have not placed bids in
> the higher ranges.
> http://www.geocities.com/kstorm999/stocks.htm
> (Grafici e Analisi tecnica su Futures Nasdaq S&P500 Euro/US$)