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Updated:
09/08/08 04:42:00 am
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The stock market has been
less than attractive lately, but this Google IPO of Stock could light a
technology fire! - really a hot topic.
Google Official Site to register for Google IPO Shares:
Register
for Google IPO Shares https://www.ipo.google.com/
Google announces more details on it's IPO: 24.6 million shares to be
offered at a price ranging between $108 and $135 per share. Egads, what
happened to the "little guy" getting shares.
See
Our Fun Estimates Chart
below -- what is Google stock
worth?
Just the Facts (as we
see them of course):
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Will
the average investor be able to get stock? May
be... It was rumored and seems to be confirmed that Google will do an
online "Dutch auction" type distribution many of its'
shares. The lead underwriters are Morgan Stanley and Credit Suisse First Boston.
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Does
Google make money and if so what share price does it deserve? Yes,
it makes money. 2003 Revenues $962 billion with earnings of $106
million! And 2004 appears to be on tract for even larger numbers! The
following table contains some "crude ReallyHot" estimates
that you may find interesting. (if
you lose a fortune, don't blame us -- this is "for fun"
estimates and you should check with your financial advisor before
making any investment).
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SEE
CHART BELOW FOR SOME
FUN IPO PRICE ESTIMATES.... |
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Who
gets rich on this deal? The list may surprise you!
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The two
founders and other key Google employees of course -- Sergey Brin and
Larry Page.
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But these people also stand to make a good deal of money: Arnold Schwarzenegger,
Shaquille O'neil, Tiger Woods and a few other well know figures.
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What?
Why Schwarzenegger, Shaq and Tiger?
Being already
wealthy, these people have investments in venture capital related
funds that helped finance Google during the early days. Firms and
funds such as the "Angel Investors Fund" and Sequoia Capital.
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How
do I buy Google stock?
It's confusing,
so we are going to refer you to the best write-up we have seen on the
subject -- see ZDNET
- Want in on Google's IPO?
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We
are NOT financial advisors! This is for FUN ONLY! If
you lose a fortune on the Google or any other investment, don't blame us --
you should check with your financial advisor before
making any investment. |
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Google Estimated IPO Price |
$108 - $135 |
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Google IPO Shares to be outstanding after
the offering |
269 million |
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Google Estimated IPO Date |
July, August, September? |
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Amount Google
is to Raise in the offering |
$3.3 billion |
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Google
Estimated Market Capitalization after IPO |
$36 billion |
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2003 Google Revenue |
$962 million |
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2003 Google Earnings (past 12 months) |
$191 million (that's about $0.71 per share |
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IPO
Price? Who Knows, but using available numbers a traditional
offering could be in this range. (note: this
does not take into account demand or over subscription which would push
it a bit higher) |
Earlier we reported: $17 to $25 (Wow!
were we wrong or what -- |
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Our
Early Prediction: Google
trading price in open market? (This assumes a
lot: Say 400 million shares, will have and can maintain a PE similar to
Yahoo of 100-130, etc.)
If
people were to go nuts like back in the internet boom days, this number
could get substantially higher. |
$42 to $55 (Wow!
were we wrong or what -- |
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WHAT
IS THE GOOGLE IPO STOCK WORTH? Lots of
investment people are working on that one, but for a few interesting
estimates SO FAR...
at
$135 share price, using trailing 12 months earnings
it's coming out at a trailing
PE of 190
Google
trailing PE is 190
Yahoo trailing PE is 109
eBay Trailing PE is 73
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Susquehanna
(a respected investment firm) said in a release:
At $135 per share
and using 2005 projected earnings Google will be trading at a
projected PE of 39 -- compared to Yahoo at 42 and eBay at 52. The
forward looking numbers make it look almost reasonable!
Not cheap and possibly very fully valued. If the financial
projections are off for 2005, watch out! |
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Founders' share
holdings (Sergey Brin & Larry Page) |
$38 million each |
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Sergey Brin
& Larry Page's worth following the IPO |
$BIG - 1.5 to 2 billion each (Wow!
Try $5 billion! each) |
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Link to us and keep up
with the latest on the Google IPO.
ReallyHot Google
IPO News Google IPO of Stock May FINALLY Happen! Get the News, Get the When and Know What You Are Buying.
<a href="http://www.reallyhot.org/google-ipo-stock.shtml">ReallyHot
Google IPO News</a>Google IPO of Stock May FINALLY Happen! Get the News, Get the When and Know What You Are Buying. |
Follow these links and they will do the
searches for you in Google (world's most used search engine):
Google
IPO News and what the Blogs are saying
Forget
the Blogs - Show the other Google IPO news
Some
General Information on IPOs:
Why is it the little guy can't get any IPO
stock?
Simple... all underwriters (Morgan Stanley, Goldman, etc.) take
care of their biggest and best customers first. That is wealthy
individuals and INSTITUTIONS (mutual funds, pension funds, etc.).
Individual brokerage firms (including the online ones) only get a small
allotment of shares and then they do the same thing - give it out to
their biggest and best clients.
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