Forbes talked to Barry Randall, portfolio manager for the First American Technology Fund, who remarked "The surge may indicate many institutional investors sat on the sidelines for the initial offering."There were a lot of institutional investors who were spooked by not only the initial auction scenario but also the missteps along the way. I suspect many of them did regard it as a healthy business model, and now they have the ability to purchase the stock from the open market instead of the managers. I think they feel more comfortable."
Google will undoubtedly be happy with the days trading; they haven't had any disaster that some analysts had predicted. Equally, the share price seems to have settled at what for them can only be viewed as a very reasonable figure.
For more information, see our previous story here.
This leaves Nintendo, once again, with a lot of titles that are bound to gather critical acclaim - and almost certainly deservedly so - but with the exception of Metroid Prime 2 not that many that are likely to scythe through the competition during a hectic Christmas rush.
Any GBA owners bound to an elderly relative's couch this Christmas won't have too much to worry about, however, with a number of exciting titles due on the handheld - despite the impending launch of the Nintendo DS, which is due out in Europe in early 2005. In fact, it'll be interesting to see how GBA sales fare in the run-up to Christmas purely on that basis.
We'll be in the queue though, busily scrabbling to get hold of Mario Golf Advance Tour (Sept 17th), the eagerly awaited The Legend of Zelda: The Minish Cap (Nov 12th), Mario vs. Donkey Kong (Nov 19th), and - for the sake of working out what it is more than anything - "Super Mario Ball" (Nov 26th). Square die-hards will be pleased to see Final Fantasy I & II: Dawn of Souls down for early December, too.
Key exclusives due out on Nintendo platforms in the run up to Christmas:
GameCube
Wario Ware, Inc.: Mega Party Game$ - September 3rd
Animal Crossing - September 3rd
Pikmin 2 - October 8th
Donkey Konga - October 15th
Paper Mario 2: The Thousand Year Door - November 12th
Tales of Symphonia - November 19th
Metroid Prime 2: Echoes - November 26th
Game Boy Advance
Mario Golf Advance Tour - September 17th
Pokemon Leaf Green/Fire Red - October 1st
The Legend of Zelda: The Minish Cap - November 12th
Mario vs. Donkey Kong - November 19th
Super Mario Ball - November 26th
Mario Party Advance - December 3rd
Final Fantasy I & II: Dawn of Souls - December 10th

blue line is the price at that specific time
Last edited by 32225 on 19 Aug 2004 - 20:28
nice idea there
see this morning the new graphics for today ...
They're mostly in the information retrieval business with different variations on the theme -- web searches, automated news searches, newsgroup searches, image searches, store searches, geographical searches, etc.
Exceptions being mostly just a web mail (common stuff today) and their blog service (common stuff today).
Hardly "taking over the world".
Last edited by 40132 on 19 Aug 2004 - 23:46
Note: Not the average joe
like google. Are you buying a piece of their servers? Unlike a traditional company (like GM, GE,
McDonalds, etc), WHAT exactly are you buying? Information? Just like the .com era, you aren't
buying tangible property. I think everyone is just caught up in the "googlemania" more than
anything else. You would have thought that after the .com bust in the 90's that venture
capitalist would know better.......
Stock is all about hipe...Remember that.
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