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Tuesday, 04/20/2004 2:25:42 PM

Tuesday, April 20, 2004 2:25:42 PM

Post# of 704019
a few weeks ago someone asked for a heads up on google ipo:

07:06 ET Google IPO could be at the end of this month -- NY Post : The New York Post reports that because of a technicality, Google's IPO may come as soon as the end of this month. SEC rules state that a co must report financial results if it has at least $10 mln in assets and has more than 500 shareholders. Google has both and may have to issue quarterly reports starting April 30. If true, it would make sense for Google to go public as soon as possible, to avoid disclosing its financial information without the benefits of a stock offering. Because of the expense and the private information that is revealed, very few co's file reports with the SEC yet remain privately held. The other option for Google would be to buy back shares from some of its employees, but that is expensive and unlikely. Google officials refused to comment on the co's filing plans.
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