Google Still a Good Investment?

  • AP: Google co-founders, CEO to sell up to 16.6 million shares Google Inc. co-founders Larry Page and Sergey Brin each plan to sell up to 7.2 million shares of their stock in the online search engine leader during the next 18 months — divestitures that would generate windfalls of more than $1 billion apiece at current market prices.
  • Well, so much for the good investment. Ok, I can see selling off some of your stock to take advantage of your high stock prive, but 7.2 million shares seems quite greedy. Of course this is only a share of what Larry Page and Sergey Brin own, but what type of message does this send to your stockholders and employees?