posted on July 24, 2004 02:28:19 PM new
I knew Google was gettin' big, when, a couple weeks ago, on the ONE soap opera i listen to while doin' up ebay stuff, I heard ...
DAYS OF OUR LIVES:
Concerned 'psychic Mother' regarding daughter's new love interest:
But dear, you must LISTEN to me! ... no, it wasn't in the tarot cards that I found out about his past ... I Googled him.
posted on July 25, 2004 10:00:02 AM newiareteacher, Thanks for the links, this part of our business is normally my husband's responsibility, and I have no idea whether he has seen these links or not, but I will certainly pass them on.
I read the second link, and although a work of fiction, it is very interesting.
posted on July 25, 2004 11:52:33 AM new
Yes, that guy (Paul Ford) is frighteningly bright. There's a lot of food for thought in what he writes.
It makes so much sense to me that Google would not go head-to-head with eBay but would leapfrog eBay technologically. eBay has been so busy making little tweaks to their system (all in the name of marketing) that they are lagging in real innovation.
Specifically, the technology behind today's eBay is all dated. And it can be argued pretty easily that eBay no longer facilitates person-to-person sales; it gets in the way of sales.
posted on July 28, 2004 05:58:35 AM new
Here I thought this meant Google was going to have an auction site like eBay. That's not the case, much to my dismay. They aren't going to start an auction site like eBay. They are considering auctioning their stock:
Some immediately think of something like ebay, if you talk about the auction of shares. That is not what is meant:
If they decide to auction the shares for IPO, this is considered as an auction via the stock market systems. That means that you wont bid online (you might do that with WR Hambrecht), but you might bid normally via your broker on the stock market.
The thing is the following: lets say they give out 100 million shares, each representing a value of 5 USD, it is likly the bidding starts at around 10 USD and you give your bid:
I like 5000 shares for 12 USD each. This goes for around 4 weeks and then the row of buyers is satisfied starting at the top. That would mean, if you bid for 5000 shares for 12 USD and thousands of others bid for 100 Million shares, at at least 12.5, your out!
That way of going public is business as usual, but the classical way would drive in more money for G....
Cheryl
. . .if you still try to defend the infamies and horrors perpetrated by that Antichrist- I really believe he is Antichrist- I will have nothing more to do with you and you are no longer my friend.. . - War and Peace, Tolstoy
posted on July 28, 2004 02:08:44 PM new
iareateacher
Well, when they announce an auction site, that will be fantastic. I think Google will do quite well. Might serve eBay right to lose some of their sellers as well as buyers.
Thanks for reinforcing that it is an actual auction site up for discussion. You've made my day! LOL!
Cheryl
. . .if you still try to defend the infamies and horrors perpetrated by that Antichrist- I really believe he is Antichrist- I will have nothing more to do with you and you are no longer my friend.. . - War and Peace, Tolstoy
posted on July 29, 2004 01:45:07 PM new
I'd like to see google start an auction site. Yahoo seems like the closest competitor to eBay (yet far behind). Amazon, Bidville, etc. have seem to be left in the dust.
posted on July 29, 2004 02:13:25 PM new
Here's my two cents, which isn't even worth that.
If Google does do auctions, it won't be auctions like we've seen them before. It won't be the same tired old eBay model, which, let's face it, is not aging well.
It could revolutionize the entire industry. It could give sellers like us reason to hope again.
My husband subscribes to a number of investment sources, and most are saying that Google is coming out WAY TOO HIGH, that it “may” take an initial run, but basically, they would advise staying out of the initial public offering (IOP), let the stock run, then expect a fall, and buy when it falls and finds a reasonable price, which the IPO, isn’t.
We like Google to, but NOT at the IPO price, we will wait and see if it doesn’t bottom out, then pick some up.
posted on July 30, 2004 02:43:49 PM new
I would like to see google auctions simply in hopes that their auction site would load much quicker than the current auction sites, which lately have had ads/java/css/shockwave/popups/etc that have slowed down downloading time tremendously.
Many bidder are still on modems, and won't bid when downloading is slow.
Google has always paid much attention to how fast their pages download.
posted on August 4, 2004 09:05:17 AM new
I thought I heard on the radio google is "auctioning" its IPO and doing something different? So how can they come out too high? Starting price too high?
Thanks for the bump. I really should read this. (not the ipo - the auction startup)
