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Old 01-27-2004, 05:43 AM   #1 (permalink)
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Google audit clears the way for IPO

Google has been given a clean bill of health by an independent auditor, clearing the way for their application to the SEC for an initial public offering of stock.

As a private company, obviously, Google's finances are not subject to public scrutiny but it is widely believed they have annual revenues approaching $1 billion.

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Old 01-27-2004, 06:31 AM   #2 (permalink)
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Very nice
They're trying to play the game right
The audit isn't required for the IPO, they're just doign it to make sure they're on the straight and narrow.

Anybody able to guess at what the stock is going for at IPO?
(obviously no change a peon like me can get into, I'm just curious)
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Old 01-27-2004, 06:49 AM   #3 (permalink)
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Still too many variables. They have not announced how many shares total versus offered. But analysts say they will could end up with a market cap of $20 billion.
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