Thursday, March 30, 2006

Google

Sold at 396, but day high is 399, 400 will face great resistance.

However, it'll be part of SP500 very soon, should have great buying power!

Anyway, profit taking now, earned USD$500 from this trial transaction.

Update:

Google late Wednesday filed with the Securities and Exchange Commission
to sell up to 5.3 million Class A shares. Based on Wednesday's closing price
of $394.98, the offering is valued at $2.1 billion.

Google said in its filing that the shares would be offered mainly to
index funds. Standard?& Poor's, a division of the McGraw-Hill Cos. ,
announced that, as of the close of trading on March?31, it plans to include
Google into the S&P 500 Index .


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