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Loving Google but Not Its Public Offering | |
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| Time: 09:13 EST/14:13 GMT | News Source: GoUpstate.com | Posted By: Brian Kvalheim | ||
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In Silicon Valley, hackers, engineers, venture capitalists and sales executives love to use Google. Just do not ask them to bet on it. The valley's digerati, traditionally among the biggest proponents of initial public offerings of technology stocks, are overwhelmingly bearish on Google's widely anticipated offering, which is expected to get under way soon, through an online auction. "I'm not buying," said the Apple Computer co-founder Stephen Wozniak, who has been involved in several start-up efforts since leaving Apple in the early 1980's. "Past experience leaves the taste that a few people - never ourselves - will make out the first day, but that it's not likely to appreciate a lot in the near future or maybe even the long future." | ||
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