Google's Stock Tops $600 for First Time The Mountain View-based company's shares traded as high as $601.45 before slipping back to $597.13 in morning trading. It marked the sixth time in the past 12 trading sessions that the stock has reached a new peak climbing on the lofty expectations for Google's third-quarter earnings. The results are scheduled to be released Oct. 18. http://www.miamiherald.com/business/...ry/264271.html |
if I invested all my savings in their stocks when they went public, I would be millionaire now:) |
going nice today, allready 609.62 +15.57 (2.62%) Oct 08 - Close |
hehe, i suggested a professional investor in 2004 to invest heavily in Google, ... he tought it was a bubble then ... and still thinks it is a bubble, and i still recommend buying! http://blogs.zdnet.com/micro-markets/?p=369 |
Don't know if buying today would be interesting ? You still expect a reasonable rise ? |
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Even if it is a bubble, it will be a rising bubble. |
They will get continued rivalry from Microsoft who's next office version will be quite "online" compared to current versions |
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@52 times earning current and 33x next year, it's a call people will have to make. Who can make a better presentation than Google's own chart ... http://finance.google.com/finance?client=ig&q=GOOG |
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MS are no longer producing new technology, they are trying to keep up with technology ... they cannot follow the fast pace ... and therefore they will loose. |
underestimating MS strength is dangerous, very dangerous, since they are the biggest driving force behind companies which rely on their products to function. Should never count them out of the equation, they might just pop up and take a large market share, and become the market leader before you know it. It happened before, it will happen again. If you want to see in action what billions of dollars can do, look at the XBOX and XBOX 360; it was never a core business of Microsoft, they poured millions into that sector, and now are one of the dominating forces behind console gaming. All hardware for PC is made Microsoft compatibility in mind. GFX, CPU, Mobo, etc. Their next Office version will have online interaction, millions of people will use it, they will get instant market share no matter if the software is good or bad. That's their power and it should not be neglected just because they are not on the verge of technology in one sector. |
52Wk High: 641.41 Not bad ;-) |
If I just bought instead of brabbeled I would have earned already:) More Google stock stories: http://www.mercurynews.com/news/ci_7156326 (and FF auto correct google to Google;)) |
and yet again, in less then one month google added about 100 USD to its stocks |
700+ :o |
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