Google IPO certain
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The move is a sure sign that the controversial auction to set the price is imminent. Tomorrow afternoon is a possibility. Registration will have been open for at least 13 days by then. The original plan was for only a week. Final level of the IPO price could be then set by the middle of next week. Once seen as the IPO that would kick start a recovery, Google has been through a rough patch. Firstly growth in the online advertising industry has slowed. Using an auction caused problems, with Wall Street feeling excluded. A cumbersome registration process has not helped.
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