So, how many of you are going to buy...

brainsmile · 01-16-2004, 12:29 AM

google.com when it goes public?

Nija · 01-16-2004, 12:48 AM

I want to, so I can become a millionaire, but i figure by the time it gets to me, all the money will be made =\ and not by me.

not like i know what I'm talking about, but I can sure as hell sell ice to an eskimo

ray · 01-16-2004, 09:41 AM

Like many IPOs, Google will probably come out of the starting blocks extremely high and will trade higher than the actual value of the company. I am going to stay away from most of the new technology IPOs this year.

brainsmile · 01-17-2004, 10:44 PM

I am getting some at the IPO price.

zippyjuan · 01-18-2004, 01:13 AM

If you do not have a connection who can get the IPO price, I would agree with lilbigblu and wait two or three months for the price to stablize. After the initial frenzy it will take that long for it to die down and the people who are only looking to get a quick buck and get out will have done so by then. After that it will take earnings growth to move it higher.

attgig · 01-19-2004, 12:34 PM

Quote:

Originally posted by zippyjuan
If you do not have a connection who can get the IPO price, I would agree with lilbigblu and wait two or three months for the price to stablize. After the initial frenzy it will take that long for it to die down and the people who are only looking to get a quick buck and get out will have done so by then. After that it will take earnings growth to move it higher.

going by blu's reasoning, shouldn't you just sell right after ipo when it's trading higher than the company's worth?

DaFunkyUnit · 01-19-2004, 12:52 PM

Quote:

Originally posted by attgig

going by blu's reasoning, shouldn't you just sell right after ipo when it's trading higher than the company's worth?

ray · 01-19-2004, 04:57 PM

Quote:

Originally posted by attgig

going by blu's reasoning, shouldn't you just sell right after ipo when it's trading higher than the company's worth?

That is assuming you can purchase at the IPO price. IPO prices are typically reserved for larger investment institutions and private traders that have connections or large sums of money backing them up.

brainsmile · 01-19-2004, 10:47 PM

hee hee... attgig... I usually try to hold on... I think that google will be fine for those who either buy and sell or those who buy and hold.

Most brokers don't like it if even their more valued clients sell immediately... it doesn't put them in a favorable light with their brokerage firms. So if you do that too often, you're not going to get many shares of a future IPO's. I've held on to almost all the IPO's I've been issued and have done fine.

zippyjuan · 01-20-2004, 04:46 AM

Quote:

Originally posted by attgig

going by blu's reasoning, shouldn't you just sell right after ipo when it's trading higher than the company's worth?

I was talking about buying if you are not in on the IPO price.

jng · 02-04-2004, 02:10 AM

One thing to note : If you are lucky to get in at IPO price and sell it really quick to make a quick profit.
They won't be offering any other IPO's when they come out

attgig · 02-04-2004, 02:54 PM

so then trading volume on ipo companies should theoretically be at it's lowest when it ipo's, no?
so who sells? the employees???

Dave_7 · 02-07-2004, 11:49 PM

The company is making a portion of itself available for sale to the public. That portion is aside from any shares held by employees/owners... or those doled out as "stock options".

Dave.

01-16-2004, 12:29 AM	#1
brainsmile Chief of Naval Operations Join Date: Jun 2000 Location: woah... why is welfareloser here with me so early in the morning and more importantly why am I wearing her clothes?!? Posts: 13,445	So, how many of you are going to buy... google.com when it goes public? __________________ ********************************** DCM #1 (Founder) "Nobody beats Vitus Gerulaitis 18 times in a row." - Vitus Gerulaitis on beating Jimmy Connors after 17 failed attempts.

01-16-2004, 12:48 AM	#2
Nija Chief of Naval Operations Join Date: May 2001 Location: City of The Dead Posts: 13,045	I want to, so I can become a millionaire, but i figure by the time it gets to me, all the money will be made =\ and not by me. not like i know what I'm talking about, but I can sure as hell sell ice to an eskimo __________________ "Nija is the dark soul of gotapex. We don't like to talk about him." - LPMiller

01-16-2004, 09:41 AM	#3
ray lilbigblue Join Date: Jan 2003 Posts: 6,613	Like many IPOs, Google will probably come out of the starting blocks extremely high and will trade higher than the actual value of the company. I am going to stay away from most of the new technology IPOs this year. __________________ new uploader My World

01-18-2004, 01:13 AM	#5
zippyjuan Picture of the Day Guru Join Date: Oct 2002 Location: Sunny San Diego Posts: 8,070	If you do not have a connection who can get the IPO price, I would agree with lilbigblu and wait two or three months for the price to stablize. After the initial frenzy it will take that long for it to die down and the people who are only looking to get a quick buck and get out will have done so by then. After that it will take earnings growth to move it higher. __________________ I add new pictures to my photo gallery pretty regularly. You can see them here if you are interested: http://www.pbase.com/jeffryz

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01-17-2004, 10:44 PM	#4
brainsmile Chief of Naval Operations Join Date: Jun 2000 Location: woah... why is welfareloser here with me so early in the morning and more importantly why am I wearing her clothes?!? Posts: 13,445	I am getting some at the IPO price.

01-19-2004, 10:47 PM	#9
brainsmile Chief of Naval Operations Join Date: Jun 2000 Location: woah... why is welfareloser here with me so early in the morning and more importantly why am I wearing her clothes?!? Posts: 13,445	hee hee... attgig... I usually try to hold on... I think that google will be fine for those who either buy and sell or those who buy and hold. Most brokers don't like it if even their more valued clients sell immediately... it doesn't put them in a favorable light with their brokerage firms. So if you do that too often, you're not going to get many shares of a future IPO's. I've held on to almost all the IPO's I've been issued and have done fine.

02-04-2004, 02:10 AM	#11
jng Lieutenant Commander Join Date: May 2000 Location: Sin City Posts: 528	One thing to note : If you are lucky to get in at IPO price and sell it really quick to make a quick profit. They won't be offering any other IPO's when they come out

02-04-2004, 02:54 PM	#12
attgig Chief of Naval Operations Join Date: Jun 2000 Location: the ghetto's of bawlmo' Posts: 10,964	so then trading volume on ipo companies should theoretically be at it's lowest when it ipo's, no? so who sells? the employees???

02-07-2004, 11:49 PM	#13
Dave_7 Captain Join Date: May 2000 Location: L.A..... Costa Mesa... Whatever, Man! Posts: 1,822	The company is making a portion of itself available for sale to the public. That portion is aside from any shares held by employees/owners... or those doled out as "stock options". Dave.

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