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The Rank for $ales Weekly Newsletter, p.3

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In other news, on Wednesday, in a filing to the US Securities and Exchange Commission, Google said only US residents would be able to participate in its forthcoming IPO auction. The company, whose mantra is to "make the world a better place" said: "We have not undertaken any efforts to qualify this offering in offers to individual investors outside the US".

The UK Shareholders Association, the largest organisation of private investors in the UK, expressed its dismay that the millions of UK devotees of search engine Google are to be barred from investing in the US-based company when it floats later this year.

Turning back to Google again, when it deposited it's long awaited IPO last week, numbers in it reveal a vast capital-spending program in 2004 -- an indication of just how huge the search giant's ambitions are. These technical documents tell some very interesting things. On an operating-profit basis, Google could be pocketing as much as 59% of its annual revenues. That number would make most CEOs turn an envious shade of green -- and set investors salivating.

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