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1. 

   Ed, 27 Apr 2004 @ 1:52am

   
   

   Google's financials

   It seems to be everybody's assumption that Google has "solid financials", but do we really know that? I thought they weren't reporting yet. Is everybody just taking that for granted and will no one actually read through their info before trying to climb onto their IPO bandwagon?

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2. 

   Ann, 27 Apr 2004 @ 7:33am

   
   

   A chance to do something truly innovative

   I'm still hoping that Google will come up with an innovative offering method that will change the way IPOs are done in the US. Not an auction - those have worked poorly in pretty much every country that has tried them over the last 20 years.
   I think Google should do the type of hybrid offering that has worked well in most countries, but with a twist - take orders online, and make investors pass a short test on the company in order to qualify. That way, people have to read the Prospectus and think about what they're doing. Anyone who knows the company or is willing to learn about it could qualify, and their chances would be better, because the free riders that don't want to think about the offering will have a harder time getting in.
   What do you think of this idea?

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3. 

   Mikester, 27 Apr 2004 @ 3:41pm

   
   

   Re: Google's financials

   And that goes for all the other IPO's that hope to benfit from Google's momentum. If investers actually did their due diligence during the first internet boom, the crash probably wouldn't have been as bad.
   Likewise, I see investors clammering to get a piece of Google and other various IPOs just in the hopes of riding the wave, regardless of financial info.
   "Fool me once, shame on you, fool me twice, shame on me."

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