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-   -   Google Floatation (https://www.cableforum.uk/board/showthread.php?t=16355)

TheBlueRaja 18-08-2004 09:39

Google Floatation
 
Am i right in saying that i cant buy any Google shares because i am not a US Citizen?

If that is the case then why are sites like the BBC harping on about it an producing FAQ's etc explaining how it will work etc?

Any ideas?

Mr_love_monkey 18-08-2004 09:44

Re: Google Floatation
 
I had assumed you would be allowed to.
Why wouldn't you?
Nothing stops you buying shares from an American company normally.

TheBlueRaja 18-08-2004 09:52

Re: Google Floatation
 
Well, if you go here (https://www.ipo.google.com/)

it says
Quote:

We have not undertaken any efforts to qualify this offering for offers to individual investors in any jurisdiction outside of the United States. Therefore, individual investors who are not U.S. persons should not expect to be eligible to participate in this offering.
Which kinda makes me think i cant apply.

gazzae 18-08-2004 09:55

Re: Google Floatation
 
From what I know, i.e. heard on the radio, you don't need to be a US Citizen, but you do need a US postal address.

Mr_love_monkey 18-08-2004 09:56

Re: Google Floatation
 
Quote:

Originally Posted by theblueraja
Well, if you go here (https://www.ipo.google.com/)

it says

Which kinda makes me think i cant apply.

ah, ok....

Well, it doesn't say you can't apply, just that you shouldn't expect to be eligible...

though you can't apply anyway now, since it's closed :)

TheBlueRaja 18-08-2004 10:52

Re: Google Floatation
 
Haha,
Yeah i noticed that now too - Doh!

Mr_love_monkey 18-08-2004 11:01

Re: Google Floatation
 
You're best off out of it anyway - all that will happen is that the price will shoot up first of all (there will probably be some clause to stop you selling straight away - same as there was with Last Minute, which excludes the owners) - the owners will sell a bunch of shares, make a(nother) billion, the bottom will fall out, and lots of people will be stuck with shares worth a tenth of what they paid for them.


But then I am cynical :)

MetaWraith 18-08-2004 11:21

Re: Google Floatation
 
These days there's a very fine and somewhat blurred line between cynic and realist.

TheBlueRaja 18-08-2004 13:22

Re: Google Floatation
 
Well, it was either them or Trevor Baylis Brands, so i might just go with the latter now.

Its not much anyhoo.


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