Google IPO

Here’s a Boston Globe article about how participating in the Google IPO auction wasn’t easy. The author ended up bidding 110/share which means he’ll only get shares if they end up selling for 110 or less. If they go for more, he won’t get any.

The International Herald Tribune notes that non-US residents won’t get any either. They go on to list some of the reasons people wouldn’t want shares in Google and try to make a few baseball analogies.

There’s also a distinct possibility that share prices will fall after the IPO be cause people may sense that there’s no demand at prices higher than the bid.

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