Google

Google’s IPO delayed

Google Inc.’s initial public offering has been delayed while the company awaits final approval of its paperwork by the Securities and Exchange Commission.

Regulators made no decision Tuesday as Google had requested, said John Heine, an SEC spokesman. The Internet search company had requested that its registration statement be made effective at 4 p.m. EDT to clear the way for shares to begin trading as early as Wednesday morning. More here

Google seeks OK to sell shares

Google has signaled that its share auction is nearly complete, asking the Securities and Exchange Commission for approval to begin selling 25.7 million shares of stock starting late this afternoon.

Venture capitalists and Google watchers said yesterday’s request, coming on the first business day after the bidding opened, suggested the Web search provider’s much-anticipated auction already may be oversubscribed at a price in the target range of $108 to $130 a share. That would fetch Google between $2.8 billion and $3.3 billion, the biggest initial public offering ever for an Internet company.

Tactics of ‘Google Guys’ Test IPO Law’s Limits

Playboy magazine issue is still burning hot, AN other related news on the Google guys controversy,

The “Google Guys, America’s Newest Billionaires” — as company founders Sergey Brin, 30, and Larry Page, 31, are described in the new issue of Playboy magazine — may be engineers by training, but they are proving to be skilled at marketing too.

Having built one of the world’s best-known Internet search engines through free publicity and word of mouth, they have generated global attention for their ongoing $3 billion electronic auction of stock by granting an exclusive interview with Playboy. more….

Auction for Shares In Google’s IPO Could End Today

Google Inc.’s initial public offering took a major step forward as the company notified investors that today may be their last chance to submit, withdraw or change bids in the unusual $3 billion electronic auction for stock in the Internet giant. More news…

Google Could Make Its Market Debut Wednesday

The Web search company said on Monday it has asked the U.S. Securities and Exchange Commission to declare its registration statement effective on Tuesday at 4 p.m. EDT

Read more here…….

Google and the underwriters have requested that the Securities and Exchange Commission declare the registration statement pertaining to Google’s initial public offering of Class A common stock effective on Tuesday, August 17, 2004 at 4:00 p.m.

source: http://www.ipo.google.com/press-release-20040816-1.html

Google (GOOG) on Monday said that it has asked the Securities and Exchange Commission to declare its IPO effective on Aug. 17 at 4 p.m. Eastern, which could see the search company’s shares trading the next day.

Source: CBS market watch

Google’s Funny logos – Google Olmypic logos, Google Athens 2004 Logos

Google has a good sense of humour as we all know, They had the Pigeon rank, Lunar search etc, Now they have some nicely designed google logos on their search page, These logos are designed with The olympics in sight, Right now they displayed 5 logos which is posted below, More Google logos will be posted here as google shows them on their homepage,

Google olympic logo - 1

Google olympic logo 2

Google olympic logos - 3

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Google olympic logo - 5

Passing Parade: Google Hype Vs. History

The Google IPO has attracted almost as much media attention as the Normandy invasion did in June 1944. Both had casualties. At least we know the assault on the French beaches 60 years ago was successful.

From the beginning, Google created a carnival atmosphere in announcing it was going public through a Dutch auction. That raised a few eyebrows and created a lot of confusion. A Dutch auction is just that: An auction with stock going to the highest bidder. In theory, all investors are equal. Anybody with a few dollars, a dream and a high enough bid can buy into an IPO at its offering price — in theory, that is. But as the Google IPO unfolded, some investors were more equal than others. First came a requirement buried in the pages of the prospectus. A potential bidder had to be an “accredited investor.” That meant the average man or woman on the Street would not be qualified to bid on Google’s IPO, unless his or individual financial status was pretty darn sound. More here…

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Article Doesn’t Stop Google IPO; Playboy Piece Added to Prospectus

In Google’s defense, Sergey Brin and Larry Page gave the interview four months ago, shortly before the company announced plans to go public. But the timing of the publication raises questions about whether the pair violated “quiet period” rules for companies planning an IPO.

Google went ahead with the start of its controversial stock auction as planned yesterday.

But the row over the founders’ interview with Playboy magazine refused to go away. The company was forced to take the unprecedented step of amending its prospectus to include a copy of the article — believed to be the first time a Playboy item has become part of the Securities and Exchange Commission record.

Google also had to clear up several errors made by Sergey Brin and Larry Page in the piece.more…

Google IPO bids get under way Firm puts contents of Playboy interview in official filing

Google Inc. avoided a possible delay to its stock offering Friday by officially disclosing the contents of an interview its founders gave to Playboy magazine. The Mountain View Internet search firm incorporated the entire text of the controversial interview into a filing it made with securities regulators, clearing the way for the company to start its $3 billion IPO auction. Meanwhile, the 28 banks and brokerage firms that Google is using to conduct the auction began taking bids for the auction Friday morning. The filing satisfied objections that the Securities and Exchange Commission had raised about misleading statements in the story, according to published reports. “It’s unlikely the SEC would have given the go-ahead if they hadn’t made this disclosure,” said Bruce Deming, a securities attorney with the San Francisco law firm Farella Braun & Martel, which is not involved in the IPO. More
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