Google took investors by surprise in announcing that it would sell additional shares expected to generate US$4 billion. GOOG consequently took a bit of a hit. And now many in blogland are buzzing with speculation about what it means and why the company is doing it.
On a related yet somewhat distinct note, the Internet Stock Blog republishes part of Kevin Delaney's "Heard on the Street" column about Google's current share price and why some think it's low.
Excerpts from Google warnings about competition and revenues from the Internet Stock Blog.