Is Google being sold?


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My stepdad was arguing with me about Google being sold right now, where the top bid is 1.2billion dollars. Personally, I don't beleive this at all. Why would they sell it if they Gmail coming? Correct me if I am wrong please. He got his information from some "multi-millionaire Amway scam" speaker at a convention. So i was just wondering is Google really was being sold. I have been kinda outta the news, been playing FFXI too much :rolleyes:

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My stepdad was arguing with me about Google being sold right now, where the top bid is 1.2billion dollars. Personally, I don't beleive this at all. Why would they sell it if they Gmail coming? Correct me if I am wrong please. He got his information from some "multi-millionaire Amway scam" speaker at a convention. So i was just wondering is Google really was being sold. I have been kinda outta the news, been playing FFXI too much :rolleyes:

Google is being sold... to the general public. They are planning an IPO.

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http://www.wbj.pl/?command=article&id=22574& <--- Some info on that

The 1.2billion dollars is how much all total stock's will sell for, i think I have heard that amount before. Maybe wrong.

Psychoticdemento, do some research on the whole google, IPO thing, then go back tell your dad about it and then say "Dad do have you ever wondered why you arn't rich? Its because you listen to those ****s at the conventions."

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anyone here planning to buy any Google shares?

Buy those bitches early, when they are like 1c a peice! Then Sell them when they get to be like $3.00!

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Buy those bitches early, when they are like 1c a peice! Then Sell them when they get to be like $3.00!

While many IPOs initial offer are in the pennies, you can expect Google's inital share price to be much higher. Probably $30/share.

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I've heard differently, most estimates I have heard for stock price from "random informed stock nerds" is that a share may go for upwards of $100. While I personally would love to invest in google, I think there's definite earning potential there looking at the compsci behind that beast, I don't think I can afford THAT being a poor college student. If your estimate of $30 is closer though, I'd love to pick up a a dozen shares or so, see where it takes me.

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"Dad do have you ever wondered why you arn't rich? Its because you listen to those ****s at the conventions."

:rolleyes:

thanks for the information guys. hehe, he is gonna hate it when i'm right, becuase those multi-millionaire loonies are always right. ;)

oh and it isn't my Dad, it's my stepdad. My dad is way more successful, he comes up with ideas and puts them in action...he even has a TV show coming out, and all i can say is that Microsoft might be funding it. ;)

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