April 23, 2004

Google fails to answer the $25bn question

The internet search engine has chosen an opportune moment to gain a stock market listing. But why is flotation necessary?

"Patience is a virtue which is rewarding executives who have stuck with the technology sector.

"For three years dot.coms, software companies, computer makers and telecoms operators have struggled to clear up the mess left by the collapse of
technology sector shares and profits in 2000.

"Now, it appears that the glimmer of light which appeared last year, as the Nasdaq powered away from six-year lows and companies such as Ericsson

Link: business.timesonline.co.uk

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