Friday, August 13, 2004

Bidding Opens New Chapter for Tech 'God' Google (washingtonpost.com)

Bidding Opens New Chapter for Tech 'God' Google (washingtonpost.com) "Google Inc. plans to open the bidding in its highly anticipated public offering of stock at 9 a.m. today, kicking off an unconventional auction that will help it set an initial share price next week on its way to becoming a public company.
Investors were required to register with any of more than two dozen investment firms by early yesterday evening in order to tender their bids. Google is not saying exactly when it will close the bidding, and it is reserving the right to adjust the initial share price for trading after the auction has ended. The company currently estimates its initial stock to be worth between $108 and $135 a share."

(New Web-based casino opening today...)
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