Monday, April 26, 2004

WSJ.com - For Hottest IPO in Years, Google Taps CSFB and Morgan Stanley

WSJ.com - For Hottest IPO in Years, Google Taps CSFB and Morgan Stanley: "The deal has all of the hoopla of the biggest IPOs of the 1990s, when Netscape Communications sold shares publicly and helped set off a frenzy that sent the stock market soaring. As in some 1990s deals, this public offering stands to make some computer-science whiz kids wealthy beyond their wildest dreams, while also benefiting a cast of well-known venture capitalists. With nearly insatiable investor interest, it could put a price tag of $25 billion on a company that didn't exist a decade ago, making it more valuable than retailer Sears, Roebuck & Co. and hotel operator Marriott International Inc."
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