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


To: Lizzie Tudor who wrote (446)8/21/2004 3:51:34 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 15857
 
yes. i was leaning toward not bidding but when they reduced the no of shares, that hooked me. I put in two bids, 101 and 94. And now only about 7% of the shares are in the float so imo it's a good situation for anyone long.

I think now that the google ipo is done, there will be some calm coming in the tech stock sector. However, earnings warning season is almost upon us and it could be ugly, and not just for tech stocks. Co's that use a lot of energy or steel could really be getting pinched this qtr.