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Friday, August 19, 2005

Google offers a part of the Golden 'Search' Pi(e) for Sale

Google plans to sell up to 14.8 million shares in a secondary public offering that is likely to generate US $4 billion, and provide an impetus for the company's new acquisitions and (I feel) also its proposed major entry in China.

Read Google's SEC filing dt. Aug. 18, 2005.

What's with the Pi(e) - pun intended - and where does it come from?
Trust Google to be different!

Pi* is the ratio of the circumference to the diameter of a circle, which is 3.14759265 and 14,759,265 is the number of Class A shares offered by Google for sale.
Way to go Google. All the best!

Find out what's GOOG trading on Nasdaq? $279.15 03:15 p.m. ET Aug. 18, 2005.

* This will make for an interesting Business Quiz question. Relate GOOG and Pi.