Google Given the Go-Ahead to Print Their Own Money
Google is hitting it out of the park left and right. There’s Gmail, Google Maps, Desktop Search, rumors of free Wi-Fi, even talks of them taking over the world. It seems like their name is constantly in the press, even when nothing is launching. Most companies would kill for that kind of publicity.
Add one more mention to the list:
Google is planning to sell 14.2 million shares of stock in a secondary public offering worth more than $4 billion.
While Google’s success has awakened discussions of the dot com boom, without the mass hysteria pushing companies’ stock prices into the stratosphere, I don’t see it. Although Google’s stock is extraordinarily pricey these days (around $280 a share), one company does not a bubble make.
Do you see any signs of a new tech bubble?
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