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Technology Stocks : Alphabet Inc. (Google)

GOOGL 278.52

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3:41 PM EST

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To: ~digs who wrote (122)	4/29/2004 7:16:16 PM
From: Lizzie Tudor	Read Replies (1) of 15851

Herb Greenberg: Could it be that Google's innovative auction process for its IPO is really a veiled way for insiders to cash out on the deal? Sheesh. Greenberg should do some research on what firms of hot SV companies received for their IPOs in the 90s. A lot of offering prices were artificially low and companies got peanuts while Goldman and Merrill took home the spoils. I think etoys was priced at $16 and came out at $70. It was ridiculous. This is a much fairer system and more money goes to Google where it belongs.

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