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Message from discussion GOOGLE PRICE ERROR
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ben.deipo...@gmail.com  
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 More options Sep 30 2008, 6:33 pm
From: ben.deipo...@gmail.com
Date: Tue, 30 Sep 2008 15:33:43 -0700 (PDT)
Local: Tues, Sep 30 2008 6:33 pm
Subject: Re: GOOGLE PRICE ERROR
NEW YORK (Reuters) - The Nasdaq Stock Market said it will cancel some
of the late trades in Google Inc (GOOG.O: Quote, Profile, Research,
Stock Buzz), whose shares appeared to plunge as low as 1 cent at the
close of North American markets on Tuesday.

A spokeswoman for exchange parent Nasdaq OMX Group (NDAQ.O: Quote,
Profile, Research, Stock Buzz) told Reuters in an email the "erroneous
orders" that caused the abrupt plunge "were triggered by orders routed
from another exchange."

She did not say which exchange routed the trade orders, but added the
decision to cancel trades cannot be appealed.

Transactions at or above $425.29 and at or below $400.52, that were
executed between 3:57 p.m. and 4:02 p.m. EST, would be wiped out,
Nasdaq said.

The exchange set Google's closing price at $400.52, up 5.12 percent


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