"You can spin this as a positive thing," because an increase in supply can give more investors the opportunity to buy Google stock.
"I feel like one of the guys who bought Google stock at $3.30."
No wonder a lot of the valley's smart money seems to see Google stock as a sucker's bet.
Mr. Kaplan said he had warned his mother not to buy Google stock.
"Let's just say if I was owning Google stock right now, I'd be selling some," he said.
Each owns more than 38 million shares of Google stock and will become billionaires with the company's initial public offering.
Investors want their share and more of Google stock.
"Google stock will crash," he wrote this week.
One example of a standard uniform price auction was the initial public offering of Google stock in 2004.
What do you give a man who has $2.6 billion of Google stock?
