Eddie wrote:
I notice many posters in AFB recommend Google as a search engine.
So, anyone planning to get in on the IPO?
I was thinking 20K.
Any thoughts?
Eddie, who does use Google

Recommending a search engine is somewhat different than giving someone stock
advice, dontcha think?IPO's can be a bit of a crap shoot, this one's hyped
so much, and in such a dry market it could be even more of one. As with any
crap shoot, only bet what you can afford to lose.
That said, I've put a few in with an eye on the long term. I'll hardly even
look at the 1st weeks results day by day by day. *wink*


--

Eddie wrote:
I notice many posters in AFB recommend Google as a search engine.
So, anyone planning to get in on the IPO?
I was thinking 20K.
Any thoughts?
Eddie, who does use Google


Eddie,

I am not a financial advisor nor do I want to be. But I will tell you
of my conservative strategies. I would not put more than 5 percent(if
that) of liquid assets into an IPO. Liquid assets would be cash savings,
other stock/mutual fund investments and 401K. IPO's are as risky as
junk bonds, but not nearly as cheap.

IIRC, the Google IPO is unique in that it makes money now, instead of
losing while trying to develop their product/service. It is because
they are profitable already, that professionals expect this to hit $100
opening day. Far too pricey IMO.

Google is the premier search engine. But I plan to stay away from this
and all IPO's. I am not sure there are enough people out there to keep
IPO's from going through the roof as there was in the late 90's. Part
of the boom times was attributed to the online trading and 'day traders'
and all the hype surrounding it. Professionals made lots of money
during those times at the expense of those who got lucky a few times and
thought the markets were the way too go. Some got creamed. Big time
too.

Do what you want to do, but do understand the risks involved. 20K to me
is alot to risk on an IPO. We all work hard for our money. No sense in
giving it away.

But 20K can buy an awfully nice cooker, don't you think?

Happy Q'en,
BBQ

bbq wrote in message news:I3Bsc.39411$zw.25653@attbi_s01...
Eddie wrote:
I notice many posters in AFB recommend Google as a search engine.
So, anyone planning to get in on the IPO?
I was thinking 20K.
Any thoughts?
Eddie, who does use Google


Eddie,

I am not a financial advisor nor do I want to be. But I will tell you
of my conservative strategies. I would not put more than 5 percent(if
that) of liquid assets into an IPO. Liquid assets would be cash savings,
other stock/mutual fund investments and 401K. IPO's are as risky as
junk bonds, but not nearly as cheap.

IIRC, the Google IPO is unique in that it makes money now, instead of
losing while trying to develop their product/service. It is because
they are profitable already, that professionals expect this to hit $100
opening day. Far too pricey IMO.

Google is the premier search engine. But I plan to stay away from this
and all IPO's. I am not sure there are enough people out there to keep
IPO's from going through the roof as there was in the late 90's. Part
of the boom times was attributed to the online trading and 'day traders'
and all the hype surrounding it. Professionals made lots of money
during those times at the expense of those who got lucky a few times and
thought the markets were the way too go. Some got creamed. Big time
too.

Do what you want to do, but do understand the risks involved. 20K to me
is alot to risk on an IPO. We all work hard for our money. No sense in
giving it away.

But 20K can buy an awfully nice cooker, don't you think?

Happy Q'en,
BBQ


My best advice is to be careful, stock market can go down. Also google
is the major SE now but in few months MSN and Yahoo will have a cut of
the cake from google.

Dave
www.google-stock.net