Should investors go for Google?

May 05, 2004 (Time Australia - ABIX via COMTEX)

Google is planning an initial public offering (IPO). The impending float of the ubiquitous Internet search engine might seem, on the face of it, to be a good deal for investors. However, the structure of the prospective float needs to be examined carefully. Two factors in particular may adversely affect the value of Google's shares: the decision by the company's founders, Sergey Brin and Larry Page, to create two classes of stock; and the indication that Google may add more shares following the stock auction.

Publication Date: 10 May 2004

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