momentmag.com— One of the most complete write ups of Google's Co-Founder that I've ever read. "How the Moscow-Born entrepreneur co-founded and changed the way the world searches"
Feb 15, 2007View in Crawl 4
Looks like you don't know much about stocks either. Stock split doesn't affect market capitalisation - it increases the number of shares and reduces per share price - but keeps the overall value of the company the same. More people can afford to buy the stock, possibly raising the price, and the value.
um... I think you have stock price and market cap confused. The Market Capitalization is the stock price times the number of shares outstanding. Which is effectively the "value" of the company in the market. The author was commenting on the "size" of Google based on Market Cap (value). If you Google the following terms, you'll see a little number that comes up for Market Cap.goog: 144Bgm: 21Bdis: 71Bmcd: 56BGoogle's share price is now 470, but the author says that the recent price was 513, which would raise their market cap by about 15B. So indeed, the author was nearly right if you consider the old stock price. Google is larger than the other three combined.And by the way, a search for brk.a tells that Berkshire Hathaway is worth 167B, which is comparable to Google's (whereas your naive comment makes it look like no comparison: $108,200 vs 500 or so.)
Closed AccountFeb 16, 2007
Well, according to Kevin Rose, Larry Page may not be Jewish because he's not circumcised.
taykengthFeb 16, 2007
Brilliant chaps. Maybe one day they'll come up with an OS that can truly rival Microsoft and make them the richest men in the world.
ggoyalFeb 16, 2007
Looks like you don't know much about stocks either. Stock split doesn't affect market capitalisation - it increases the number of shares and reduces per share price - but keeps the overall value of the company the same. More people can afford to buy the stock, possibly raising the price, and the value.
smellinatorFeb 17, 2007
um... I think you have stock price and market cap confused. The Market Capitalization is the stock price times the number of shares outstanding. Which is effectively the "value" of the company in the market. The author was commenting on the "size" of Google based on Market Cap (value). If you Google the following terms, you'll see a little number that comes up for Market Cap.goog: 144Bgm: 21Bdis: 71Bmcd: 56BGoogle's share price is now 470, but the author says that the recent price was 513, which would raise their market cap by about 15B. So indeed, the author was nearly right if you consider the old stock price. Google is larger than the other three combined.And by the way, a search for brk.a tells that Berkshire Hathaway is worth 167B, which is comparable to Google's (whereas your naive comment makes it look like no comparison: $108,200 vs 500 or so.)
prevedFeb 18, 2007
Nice article, except where it says how his family was discriminated by anti-Semites. The Head of Moscow State University which, as article claims, has rejected Sergey's father because of ethnicity, was the man with the same ethnic roots, Yakov Zeldovich (<a class="user" href="http://www.peoples.ru/science/physics/zeldovich/).">http://www.peoples.ru/science/physics/zeldovich/).</a>