Tuesday, January 13, 2004

Yahoo! News - Google Fans Fill Web With Buzz Over IPO

Yahoo! News - Google Fans Fill Web With Buzz Over IPO: "Jeremy C. Wright, a self-described 'Business and Tech type person' who asserts on his blog that the Google IPO 'is evil.'
The hype surrounding the offering, he writes, is 'creating a bubble-type mentality' that can end only one way -- with a bust.
He compares the Google IPO to another famous IPO, the Netscape offering in 1995 that is credited with helping set off the first round of Internet mania.
'Hopefully Google fares better than Netscape did,' he writes.
Most Silicon Valley insiders think it will, but no one can know for sure.
'What they've accomplished in five years is nothing short of remarkable,' said Think Equity's Moe. 'The question is whether they have what it takes to create the next act.'
Not even a Google search can answer that."

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