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Google Files Its Long-Awaited IPO Plans | |
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| Time: 15:41 EST/20:41 GMT | News Source: Yahoo News | Posted By: Brian Kvalheim | ||
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Thanks Chris - Internet search engine leader Google Inc. filed its long-awaited IPO plans Thursday, setting the stage for the company to make its stock market debut — a move that could be months away. Without specifying a price per share, Google said it hopes to raise $2.7 billion with an initial public offering that's created the biggest high-tech buzz since the dot-com bubble burst four years ago. |
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Read Only Comments Return to News |
Displaying Comments 1 through 6 of 6 |
This is an archived static copy of ActiveWin.com. |
| #1 By 1868 (141.133.177.197) at Thursday, April 29, 2004 04:08:30 PM |
| Monkey dog, you've got it wrong - "then we can all be rich" should be "then we can all make someone else rich". This is going to implode within the next 24-36 months. The price will fall as the hype wears away, and Longhorn will pose a significant threat when MS gets it out the door. |
| #2 By 61 (65.32.169.173) at Thursday, April 29, 2004 04:09:45 PM |
| Depending on how much the initial share price is, I might by a good chunk. |
| #3 By 3653 (209.149.57.116) at Thursday, April 29, 2004 11:07:21 PM |
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google wouldnt be worth $20Billion... even if MSFT and Yahoo weren't prepared to pounce on them. Have people lost their minds... AGAIN? Its a damn search engine, not a cure for cancer.
I guess if MSFT spun off MSN... it could fetch even more. Those thoughts are as ridiculous now as they were in 1999. This post was edited by mooresa56 on Thursday, April 29, 2004 at 23:09. |
| #4 By 61 (65.32.169.173) at Friday, April 30, 2004 04:26:57 AM |
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mooresa: Google also sells their search technology to corporations and such...
They are not JUST a search engine. |
| #5 By 13030 (198.22.121.120) at Friday, April 30, 2004 09:50:37 AM |
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Is Google worth 1/15 of Microsoft? Probably, just based on the technology alone and that fact that searching and retrieval of information is becoming a more significant part of our lives.
Microsoft has acknowledged the importance of search by stepping up their own efforts both online and in the designs of Longhorn (or, at least, what they wanted the file system to be like in Longhorn). Google raised the standards in searching and I still remember my first use of google in late 1998 and my amazement at the quality of the results. I have used them as my primary search engine since, although their acquisition of DejaNews caused a step back in quality before a couple of eventual steps forward. To #4: My software company is better than yours! Na, na, na, na, NA! Companies other than MS can be good too. You seem to enjoy deriding MS's competitors. This post was edited by ch on Friday, April 30, 2004 at 09:51. |
| #6 By 3653 (209.149.57.116) at Friday, April 30, 2004 08:18:20 PM |
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CPU... they aren't just a search company? What else are they?
My company just reviewed the google search appliance vs Verity. We chose Verity. I/we were very unimpressed with the non-google.com part of Google. |
