WebProNews

According to many financial news outlets, Google is set to announce its plans for their IPO "within days". The initial report came out of The Wall Street Journal, and the speculation about Google's IPO comes from the search engine having to open its financial books up for the SEC.

SEC regulations state that companies with over 500 stockholders and $10 million in assets must divulge financial results. The stockholders in question are Google employees who have been allocated pre-IPO shares.

Details of Google's IPO are unknown at this time. CNN Money reports, "major elements of Google's expected offering remain unknown, including its size, which banks have been tapped to lead it, and the extent to which individual investors will be able to participate."

The value of Google's offering is expected to be in the area of $25 billion and may "spread nearly $100 million in fees across Wall Street."

A Google IPO watch message board has some really interesting forecasts when Google actually does go public. A few of them are:

63% chance IPO will happen in the next 90 days - based on rumors only folks

44% chance that investors at 7:01am EST buying IPO shares first will most likely get a multiple of 3x their initial investment in a VERY short amount of time.

17% chance the Google ticker will be GOO - that's right, goo as in the goo is going to hit the fan.

Click here to read the rest of the posts.

WebProNews | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.