Google Cancels Spring IPO

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One question the company seems unable to answer, however, is whether it
is to seek a stock market listing. Potential investors would also
appreciate guidance on when such a flotation might happen, and how much
it would raise.

Eric Schmidt, the Google chairman and chief executive, briefly let his
guard slip, telling business leaders that an IPO was not his agenda
"right now", only to decline to answer follow-up queries.

Daniel Ruscoe
DualStone Web Design -

Re: Google Cancels Spring IPO

I would suspect that the fact that yahoo announced that they are
leaving google probably had an impact on the IPO valuation estimates.
They are probably going to wait until they have a few quarters without
yahoo to show investors they can go it alone and then try it again.

Kimberly Lauren
KaZaZZ! Search Engine  

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