Tuesday, June 22, 2004

The New York Times > Business > Google Edits Its Prospectus to Highlight Risk of Loss

The New York Times > Business > Google Edits Its Prospectus to Highlight Risk of Loss "Google revised the document it will give prospective investors yesterday, to state even more pointedly that the unusual auction process for its initial stock sale could cause its shares to fall after the offering.
"If your objective is to make a short-term profit by selling the shares you purchase in the offering shortly after trading begins, you should not submit a bid in the auction," the revised prospectus stated."
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