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Google and Nasdaq Slight the Big Board

Traders Magazine, July 2004

Gregory Bresiger

Google, in papers filed with the Securities and Exchange Commission, has decided to list its $2.7 billion initial public offering (IPO) with Nasdaq, passing up the New York Stock Exchange. "It's not exactly a big surprise. Nevertheless, it still shows Nasdaq's attraction as a technology market," according to Robert Hegarty, vice president of securities and research for the Tower Group, a private research group that is owned by Reuters.

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