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Google Shares to Expensive for Google Users?

Jul 27 2004, 1:05am EST | by

Google Shares to Expensive for Google Users?
 
 

Google announced the price range of its shares for the IPO and we are talking big numbers from the get go. A 1,000 dollars does not even give you 10 shares, with the estimated share price at $108 to $135 a share.
Google said to include the "little" guy in the game and give them access to Google shares.
I only found a statement on this issue in a Mercury News article, where the only explanation for this high share price could be that Google appears to be following in the footsteps of Warren Buffett, who has called splits a "Wall Street gimmick".
The Class A stock of his Berkshire Hathaway Inc. has never split and it now trades at about $88,000!! per share.

So either way, I think the high share price requires more commitment from the individual investor to invest. If good or bad, who knows. To register to bid for Google shares, this web site should go online anyday now.





Updates

Home on the range

Source: parterre box presents La Cieca

Our Own Betsy Ann Bobolink (not pictured) writes: “Well, let’s see. They’ve used sinks, bathtubs, commodes. Except for bathroom scales, that takes care of the primary fixtures in la salle de bain. Boudoirs have been done to death. Clocks, chai ...
Full article at: parterre box presents La Cieca  More like this  2 hours ago

Man convicted for having 'legal high'

Source: This is Wiltshire

Steven Ross spent six weeks in the Great Western Hospital as a result of taking so-called legal highs. He says he has not taken them since A FORMER user of legal highs, who told the Adver how the substances nearly killed ...
Full article at: This is Wiltshire  More like this  3 hours ago

Recipe is a closely guarded secret

Source: Boy's Life Magazine

Hey, Pedro, I tried making an alfalfa milkshake, and to be truthful it kind of tasted good (probably because I put a ton of other stuff in it though). But I want to try your recipe. What do you put in it? —Paul V., Custer, Wash. My recipe is a closely ...
Full article at: Boy's Life Magazine  More like this  4 hours ago

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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