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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (50410)	7/6/2004 1:18:48 PM
From: redfish	Respond to of 89467

He will help, but he can't deliver it for sure. Florida is pretty southern above Lake Okeechobee, Edward's personality will help the ticket. Remember we elected the old "he-coon" to the senate and made him governor.

To: Jim Willie CB who wrote (50410)	7/9/2004 12:46:27 AM
From: stockman_scott	Respond to of 89467

Google's golden egg awaits __________________________ By JOHN SHINAL SAN FRANCISCO CHRONICLE Wednesday, July 7, 2004 How would it feel to own an option to buy 51,750 shares of Google Inc. at $5 each? How about nearly 24 million shares for less than 50 cents apiece? For an answer to the former question, ask George Reyes, chief financial officer at the Mountain View Internet search company. Venture capitalist John Doerr can help with the latter. Doerr, who owns his stake on behalf of his firm, Kleiner Perkins Caufield & Byers, and Reyes were among more than a dozen Google executives and board members who provided details of their option holdings in documents filed with federal securities regulators. Google is expected to raise more than $2.7 billion in an initial public offering that will be the largest tech IPO since the glory days of the dot-com bubble. The company plans to use an innovative, auction-based system that Google founders Larry Page and Sergey Brin hope will allow all investors -- big and small -- to participate in the IPO. The filings are required for insiders of companies that expect to go public. Google's IPO could come as early as this month. The documents also are a reminder for those hoping to get rich quick off Google that the big money will be made by those who own pre-IPO shares. Because it is not yet public, there is no accurate way to know what Google's shares are worth. However, based on information in other documents Google filed with the Securities and Exchange Commission, some analysts have calculated that it values its shares at about $90 each. An option gives its holder the right to buy stock at a specific price at some predetermined date. Like Page and Brin, those who have been with the company since its earliest days got their options for the lowest prices and will therefore profit the most. If Google's shares turn out to be worth anywhere near $90 each, these early investors stand to reap tens of millions of dollars. Michael Moritz, of the venture firm Sequoia Capital Partners, and Doerr were the first two venture capitalists to invest in Google. They received identical stock-option grants for 23.89 million shares at 49.5 cents each. Ram Shriram, an angel investor, got his options even earlier, receiving 3.2 million for 6.25 cents each. Even latecomers such as Shona Brown, who joined the company less than a year ago, and Paul Otellini, the president of chipmaker Intel Corp. who was named to the company's board in April, will profit. According to the filings, Brown, the vice president of business operations, received more than 69,000 options priced at $9 in October. Otellini, meanwhile, got options to buy 65,000 shares at $35 each. © 1998-2004 Seattle Post-Intelligencer seattlepi.nwsource.com