When Fools Rush In

Only the rich need apply @ $100 a share - Geesh!

Google is going IPO and has slashed prices in the face of public criticism that it is overpriced.

Not since the days of the Klondike Gold Rush have we seen so much anticipation as insiders look to the holy grail of dot coms to renew investor confidence. Blog Bloke has listened to all the experts, pundits and soothsayers who seem more intent on subverting Google’s enterprise than anything else.

So is the Bloke going to rush out and buy shares today? I think not. I still believe Google is overpriced and I’m going to wait for the dust to settle. Prices should drop to a semblance of normality and only then I will consider the plunge (if I can afford it).