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Search engine Google was aiming to float on Wall Street this week, valued at up to $36 billion. But the Internet company’s advis
Search engine Google was aiming to float on Wall Street this week, valued at up to $36 billion. But the Internet company’s advis
admin
2010-05-05
107
问题
Search engine Google was aiming to float on Wall Street this week, valued at up to $36 billion. But the Internet company’s advisers are meeting this weekend to discuss possibly delaying the public listing after a sharp fall in share prices in New York on Friday. An insider said last night: "The float is teetering on the brink—it really is 50/50 at this stage, although many of us are optimistic." The initial public offering(IPO) of shares in Google, which could raise nearly $4bn, will amount to one of the biggest IPOs for years. But many US firms have shelved their IPOs amid volatile market conditions and investors appear unwilling to subscribe to new equity. A Wall Street analyst said that the Google IPO "would be a seminal event for the American stock market" as its real significance was that it would test whether or not the recovery in equity prices since the end of the Iraq war had taken hold. "If this float works, a lot of other companies will be encouraged and come to the market later in the year," the insider added. "But it will be bad news if the IPO is pulled or the shares fall sharply after the company is listed. If that happens, it could kill off the IPO market in America and elsewhere for at least 12 months."
Several fund managers have already expressed reservations about Coogle, in particular its high valuation and the complex way the shares are being sold. Moreover the Google flotation is taking place at a time when technology companies in the US have been shunned. On Thursday, the IPO hit a technical hitch over the failure of the company to meet its legal obligations concerning its employees’ stock option plans. But the company did not think that the disclosure would mean a delay to the IPO, which is due on Tuesday, At the top of the suggested price range, Google would be valued not far short of its rival Internet firm Yahoo!—and this has raised eyebrows within the industry. The auction is being conducted over the Internet, and potential buyers will have to register by signing on to a Google website. But only investors who have brokerage accounts with one of the 28 US banks and brokers underwriting the stock sale, will be able to apply. Google suffered a setback last month after it re ported an unexpected, slowdown in its huge growth rate. But sources close to Google’s founders, Larry Page and Sergey Brin, said that the tailing-off of growth was due to seasonal factors and would not affect the IPO.
选项
A、doubtful.
B、confused.
C、pessimistic.
D、confident.
答案
A
解析
本题问业内人士对Google IPO的态度怎样。须定位题干中关键词"insider"。首段第三句中"An insider said...The float is teetering on the brink—it really is 50/50 at this stage,although many of us are optimistic,"表明业内人士认为Google上市的可能性是50%,也就是说知情人对Google IPO采取的态度是A项"怀疑"。实际上本题也是体现中心思想的题,可以看出全文的观点就是论述Google的IPO计划有可能推迟,即对Google的IPO)计划的顺利实施感到怀疑。而作者提到业内人士显然是从正面说明这个问题,因此从贴近中心的程度也可确定正确答案。困惑的:confused意为"unable to think clearly",是指面对某种情形时迷茫、不能清楚思考的状态。而文中业内人士并不是感到迷茫,只是怀疑Google的IPO不能准时上市。悲观的:pessimistic程度太重,这些人的情绪还没到悲观的地步。自信的:"50/50"表明业内人士的态度不会是自信的。而且这显然与文章中心相悖。
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0
考研英语一
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