Fun speculation that the purpose of Google's big stock sale is to grease the skids for their entrance into the S&P 500. Lots of new people buy the stock of a company just added to the index and the stock sale would make that inventory available. (Or do they need money to buy Skype? Or are Google execs getting jittery about being in a bubble and want to cash in?)
This entry was published on August 24, 2005 at 02:58 pm.
Tags for this entry: sp500 money economics google investing skype
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