Google Shares May Flood Market -Barron's
Google Shares May Flood Market -Barron'sGoogle Shares May Flood Market -Barron's
Sunday August 22, 4:34 pm ET
NEW YORK (Reuters) - More than 10 times the amount of Google Inc (News - Websites) .'s (NasdaqNM:GOOG - News) 25 million share initial public offering could hit the public market over the next six months as various lock-ups on stocks expire, Barron's said in its Aug. 23 edition.
"There's going to be a big potential to flood the market in Google (News - Websites) stock over the next six months right up to Valentine's Day," Richard Peterson, market strategist for Thomson Securities Data told Barron's. "Common sense tells you that it doesn't bode well for price stability."
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