THIS JUST IN FROM GOOGLE - "The offering price is now expected to be between $85 and $95 per share. If you have submitted a bid, you should access that prospectus and
carefully reconsider your bid(s)."
A major mis-calculation was made by someone in suggesting it would be between $108 and $130 a week ago.
Check Here Regularly. This will be an interesting page to watch in coming weeks. The SEC has suspended their IPO, but I'm sure the delay will only be temporary. I hope the GOOG can be as wise post-IPO as they have been to date. The fact that they didn't go public in 2000, focused on their core business and really brought in the best talent speaks to the wisdom of their business strategy to date. If they can continue on this trajectory with their billions from shareholders, we (the general public) should benefit greatly from years of new technologies.
Personally, I think of GOOG as the equivalent of the HAL 9000 series from the film 2001 a space oddysey. You can ask HAL (state of the art AI computer) a question and he would provide a reasonably intelligent answer. I rely on the GOOG in the same way. Only the GOOG is better, because it provides a range of expertise and cumulative answers to select from. I would imagine that five years out the GOOG will become a lot more specific in terms of it's ability to refine our questions to provide more specific and detailed answers.
Hopefully it won't meet the same fate as HAL.
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