[IP] Google's courageous, clumsy debut
Begin forwarded message:
From: Esther Dyson <edyson@xxxxxxxxxxxxx>
Date: August 21, 2004 5:00:40 PM EDT
To: David Farber <dave@xxxxxxxxxx>
Subject: Google's courageous, clumsy debut
COMMENTARY--This is the week that Google is useless as a search term
to filter news results, because everyone is talking about Google.
But a lot of what they're saying, at least in the press, is colored by
the people the press is quoting, mostly Wall Street analysts and
bankers. Of course those analysts want to paint the whole IPO as a
dismal failure, because it flouted the rules of Wall Street and its
gatekeepers. And of course would-be institutional investors, also
quoted, successfully drove the price down from its originally
projected--and too high--level… (For my biases, see end.)
http://zdnet.com.com/2100-1107_2-5318295.html
Esther Dyson Always make new mistakes!
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