Hairball News

MOUNTAIN VIEW, CA (HBN) – Google announced its plans to break Wall Street tradition by initially offering shares to the public via an online auction. It remains unclear whether Google will be successful at avoiding the fate of many .COMs in recent years past.

By publicly outlining its plans for an unconventional IPO, Google is clearly attempting to bypass whatever negative effects that the hype surrounding this event could cause. The company is essentially trying to pop its own “bubble” of possible stock price inflation before it gets out of control and bursts in the future.

In order to reduce this possible inflation of stock prices, Google plans to offer initial shares to the public in an online auction. This will be no small event by any means. The company estimates that it may raise up to 2.7 billion dollars from the unique IPO. By attempting to prevent at least some of the over-inflation of its stock price before shares get to public buyers, is it possible for Google to avoid becoming “just another .COM”?

Hairballnews posed this question to expert Wall Street analyst Jack Ivy. Ivy responded, “Well, Ma’am, me and my mates are gonna buy all the shares we can get our mitts on!” It should also be noted that Jack Ivy is a Wallaby from Australia.

It appears that everyone and their pet human will be trying to get in on the action when Google finally goes public. No matter what attempts are made by its principals to prevent a fall-out, the enormous expectations surrounding the revolutionary company could very well lead to investor disappointment.

This story is far from over. In the mean time, you won’t catch this Kitty at any online auction. I’ll let the Wallabies be the Google Guinea Pigs.