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FT.com Home Europe: "However, investment bankers warned that a pure online auction would risk setting an unrealistically high price for Google's shares, since there would not be enough stock available to meet the massive demand from private investors captivated by the prospect of a new dotcom gold-rush.

'They could get a $100bn' stock market value, said one person involved.

'However, all the shares would end up with Aunt Agatha in Des Moines and Uncle Milt in Pittsburgh and there would be no real public market at all.'"

jaynote: Huh??? isn't this exactly what a public market is?

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