mediabiz.blogs.cnnmoney.com — Shares of Google hit a new all-time trading high of about $535 on Monday. Analysts say Wall Street is actually underestimating Google's growth potential. Also: Google's acquisition rate is increasing. So far, Google has made, or is in the process of making, 12 acquisitions in 2007.
Jun 26, 2007 View in Crawl 4
Closed AccountJun 27, 2007
Wouldn't that be assuming that P/E remains the same over the five years? I don't think that's an assumption that timothybryce made. Simply that earnings would grow. The FAIR assumption is that as they grow, the P/E levels off at a more reasonable point (ie., it will drop).
pw378Jun 27, 2007
Cramer also said to buy Google.. at $180... and $220... and $300.. and $350... and $450... and still says buy... What a moron he is. If you followed his advice on Google... ???... Profit...
luckypJun 27, 2007
Amen!
ggoyalJun 27, 2007
No that IS why stocks split. The reason why stock markets exist at all - to let easy trading / disposal of shares. If shares have to be sold to big corporations only, they don't need stock markets. They just need investment bankers for trading.Besides, lesser price means more people can participate in the company's good performance and share the gains.
deltaandroidJun 27, 2007
Thanks for the info, but I said it didnt rip off investors (because of the 2 5's = 10 thing), Im not an avid stock follower, I was just asking a question.
digg0tJun 28, 2007
again another person that thinks google is just clickable ads.Google Maps + Streetview + adsense + Youtube + Google Wireless = Ads while you drive / surf the net for free / Watch TV at home / locally directed adsGoogle is on it's way to making the internet for free for you through directed personalized advertising for you.
mattiptonJun 28, 2007
First, don't take stock advice from media pinheads. They may be half correct, but more often than not they are going to make 600 sound way too easy. I don't think GOOG will go through any hard times per se... but I can definately see it dipping just below 500 before it climbs up to 600. GOOG is in a pretty nice ascending channel right now so it's probably not going to dip too far... if you are looking to buy, you should pay attention next week because the market will be dipping nicely. That may or may not cause GOOG to fall a bit... hard to tell. Currently that's a big upside to GOOG... right now it is strong enough that it doesn't do too bad when the market is down and even if it doesn't hold up very good it can still take a 50 point hit and recover fairly well.
josh4510Jul 21, 2007
So did anyone see on google finance that their stock dropped to $12 dollars in the after hours trading???