'GOOG' (aka Google) to open at US$108-US$135/share!
Google, or "GOOG," as it will be known on the Nasdaq exchange, could raise up to $3.8 billion when it launches its IPO later this year. Shares will sell for $108 to $135. The company is setting the price high to avoid the risk of seeing a too-rapid rise when the shares hit the market, which then could precipitate a price crash.
source: http://www.newsfactor.com/story.xhtml?story_id=26014
Interesting point raised by this article (but not discussed directly): Is Microsaoft's acquisition of Lookout a response to the Google Deskbar? Could be.