18-08-2004, 09:39
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#1
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cf.mega poster
Join Date: Dec 2003
Location: Baw deep in a munter
Age: 50
Services: Initiations, rep rigging and orgies!
Posts: 5,750
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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?
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18-08-2004, 09:44
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#2
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Inactive
Join Date: Jun 2003
Location: London way
Age: 50
Services: Sarcasm
Posts: 8,376
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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.
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18-08-2004, 09:52
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#3
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cf.mega poster
Join Date: Dec 2003
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Re: Google Floatation
Well, if you go here ( https://www.ipo.google.com/)
it says
Quote:
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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.
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Which kinda makes me think i cant apply.
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18-08-2004, 09:55
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#4
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Inactive
Join Date: Jun 2003
Location: Belfast
Age: 46
Posts: 4,594
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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.
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18-08-2004, 09:56
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#5
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Inactive
Join Date: Jun 2003
Location: London way
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Re: Google Floatation
Quote:
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Originally Posted by theblueraja
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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 
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18-08-2004, 10:52
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#6
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cf.mega poster
Join Date: Dec 2003
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Re: Google Floatation
Haha,
Yeah i noticed that now too - Doh!
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18-08-2004, 11:01
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#7
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Inactive
Join Date: Jun 2003
Location: London way
Age: 50
Services: Sarcasm
Posts: 8,376
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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
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18-08-2004, 11:21
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#8
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Inactive
Join Date: Oct 2003
Location: 2nd CPU to the right & past the cache
Posts: 1,949
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Re: Google Floatation
These days there's a very fine and somewhat blurred line between cynic and realist.
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18-08-2004, 13:22
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#9
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cf.mega poster
Join Date: Dec 2003
Location: Baw deep in a munter
Age: 50
Services: Initiations, rep rigging and orgies!
Posts: 5,750
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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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