Not for the froogle
Google expects a high price for its shares
IT IS the world's most popular search engine. It also happens to be the first company confident enough, or silly enough, to promise in the paperwork for an initial public offering (IPO) of its shares “not to be evil”. Clearly, Google is not accustomed to embarrassment or criticism. So it must have felt rather uncomfortable that many users of its site on July 26th—the very day that Google announced the expected price range for its IPO—got an error message. Google, it turned out, had been overloaded by the MyDoom internet virus.
This article appeared in the Business section of the print edition under the headline “Not for the froogle”
From the July 31st 2004 edition
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