Google News

I don’t know why an individual investor would want to participate in the Google IPO auction. The Dutch Auction should eliminate any opening day pop. And with the prospect of a big opening day profit off the table, it seems prudent to see how the market treats the new stock before plunging in.

But I obtained a Buyer’s ID just in case. And it looks like it’s paying off – I’m also receiving notifications of prospectus changes by email. Today’s big news:

Please be advised that the prospectus for the offering of Google’s Class A common stock will be amended to change the estimated offering price range and the number of shares to be sold in the offering. The offering price is now expected to be between $85 and $95 per share. Google expects to sell 14,142,135 shares of Class A common stock in the offering as originally filed.