Google's Stock Tops $600 for First Time

jmke · 9th October 2007, 10:15

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

jmke · 9th October 2007, 10:16

if I invested all my savings in their stocks when they went public, I would be millionaire now

piotke · 9th October 2007, 10:58

going nice today, allready

609.62
+15.57 (2.62%)
Oct 08 - Close

Bosw8er · 9th October 2007, 11:07

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

piotke · 9th October 2007, 12:26

Don't know if buying today would be interesting ? You still expect a reasonable rise ?

Bosw8er · 9th October 2007, 13:00

Quote:

Originally Posted by piotke

Don't know if buying today would be interesting ? You still expect a reasonable rise ?

I'm certain that the majority of PC's will become browsers and all apps/storage will be "served" online. Google is working hard towards such a situation.
Even if it is a bubble, it will be a rising bubble.

jmke · 9th October 2007, 13:06

They will get continued rivalry from Microsoft who's next office version will be quite "online" compared to current versions

Sidney · 9th October 2007, 14:59

Quote:

Originally Posted by Bosw8er

I'm certain that the majority of PC's will become browsers and all apps/storage will be "served" online. Google is working hard towards such a situation.
Even if it is a bubble, it will be a rising bubble.

Google has been a rising bubble until proven otherwise

@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

jmke · 9th October 2007, 15:06

mighty impressive

Bosw8er · 9th October 2007, 15:42

Quote:

Originally Posted by jmke

They will get continued rivalry from Microsoft who's next office version will be quite "online" compared to current versions

MS stock will only go down (or rising slower then the market).
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.

9th October 2007, 10:15	#1
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,021	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 __________________

9th October 2007, 10:16	#2
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,021	if I invested all my savings in their stocks when they went public, I would be millionaire now __________________

9th October 2007, 10:58	#3
piotke [M] Reviewer Join Date: Jun 2002 Posts: 5,003	going nice today, allready 609.62 +15.57 (2.62%) Oct 08 - Close __________________ .

9th October 2007, 11:07	#4
Bosw8er Member Join Date: May 2002 Posts: 3,711	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 __________________ "Think of how stupid the average person is, and realize half of them are stupider than that."

9th October 2007, 12:26	#5
piotke [M] Reviewer Join Date: Jun 2002 Posts: 5,003	Don't know if buying today would be interesting ? You still expect a reasonable rise ? __________________ .

9th October 2007, 13:06	#7
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,021	They will get continued rivalry from Microsoft who's next office version will be quite "online" compared to current versions __________________

9th October 2007, 15:06	#9
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,021	mighty impressive Attached Thumbnails __________________

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