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Old 08-19-2005, 05:32 PM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: Short Sell Google?

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I might add that the founders of Google are similar to Buffett in mindset. I'm guessing that their new offering is an attempt to take some chips off the table in case of some future bad events. I don't think they would sell any shares at this price if they thought GOOG was undervalued, clearly they think that current prices don't compensate for all the future risks.

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The latest Google offering appears to be preparation for a significant future acquisition and/or large infrastructure development.
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