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Originally Posted by Spiggy
thevoman - so does this mean that you can find out how to get on their list for the Google stock auction they're going to have later this year? I read (and I could be wrong) that you had to be on some kind of google company list in order to get some type of authorization code in order to participate.
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Not thevoman in disguise.
As far as I know, as of June 7th's WSJ, you have to register with one of the banks underwriting the IPO and give the number of shares you're willing to buy and the price you're willing to pay. When bidding is done, Google and the banks will decide on the clearing price at which all of the shares offered will be sold.
Anyone who offered a price below this amount will not get any shares.
It's just an auction really. I expect there'll be people who significantly go over their original magic numbers as a result.
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