July 8, 2004 | WebProNewsFeel like the Google IPO is a safe bet? You could always roll the dice and see if they come up in your favor. Numerous online bookmakers have begun taking bets on what will happen to Google's stock prices once they hit the stock market in August. For any savvy trader who cannot wait until the stock is available to the public, you can always declare your interest in Google by betting on the search engine's performance. IOWA ELECTRONIC MARKETS put up two new markets based on the fast approaching Google Inc. IPO. Bets are being taken on whether the value of the stock will rise or fall as a result of the deal in August. They are currently taking wagers between US$5 and $500 on the performance of the stock. For what it's worth, IEM is apart of the Henry B. Tippie College of business, a subsidiary of the University of Iowa.
Contact: Forrest Nelson