Google 10 to 10 at $100.01
Google floated on the NASDAQ this week with the stock opening at a cute price of $100.01. The word google, after which the world's favourite search engine is named, is the name given to the number 10 to the power of 10. With cofounders Sergey Brin and Larry Page each collecting $41 million it would have been no strain on their pocket if it were they who put in the opening bid for shares at memorable price of $100.01. Now that there are public shareholders to please with fat profits we will watch how long we get to use www.google.com without paying.
Posted Saturday, 21 August 2004
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