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Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (183)	5/18/2004 11:52:02 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 15851

$90 might give some people sticker shock, though it is probably a realistic valuation given today's metrics. "Today's metrics." Wow, I just had a flashback to five years ago. The only IPO auction that I previously paid any real attention to was Andover.Net. The auction results yielded an IPO price of $24, but the company set the actual price at $18 because they did not want to file another amendment. That piece of laziness cost them $16 million. They could have turned the amendment around in one day, two at the most. As it was, the stock opened at 48 1/2. Message 12229972 I don't think that the Google boys will be leaving much cash on the table. To avoid the issue of sticker shock, they might want to do a two-for-one split prior to the IPO.