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(Continued)     September 4, 2004 edition
In other news, Google's stock slipped this past week, and it has something to do with the expiry of the "Google stock lock-up" period. Company ``lock-up'' rules have prevented employees from selling shares since the initial public offering two weeks ago. But a select group of insiders can sell for the first time Friday (Sept. 3), which means about 4.5 million of extra Google shares could come pouring into the market.

That's enough to give some public investors the shakes. These investors are selling their Google shares beforehand, fearing there won't be enough buyers to absorb the extra supply Friday.

"I was worried about the lock-up, dumped everything,'' said Mark Pincus, chief executive of San Francisco's Tribe Networks and an investor who sold 3,300 shares last week -- just as the stock peaked at slightly over $108 before beginning a steady decline to close at $102.37 Tuesday.

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