January 27th, 2004, 08:43 AM #1
Google audit clears the way for IPO
Google has been given a clean bill of health by an independent auditor, clearing the way for their application to the SEC for an initial public offering of stock.
As a private company, obviously, Google's finances are not subject to public scrutiny but it is widely believed they have annual revenues approaching $1 billion.
January 27th, 2004, 09:31 AM #2
- Join Date
- Oct 2001
They're trying to play the game right
The audit isn't required for the IPO, they're just doign it to make sure they're on the straight and narrow.
Anybody able to guess at what the stock is going for at IPO?
(obviously no change a peon like me can get into, I'm just curious)Helicopters don't fly; they vibrate so much and make so much noise that the earth rejects them.
January 27th, 2004, 09:49 AM #3
Still too many variables. They have not announced how many shares total versus offered. But analysts say they will could end up with a market cap of $20 billion.
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