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37 Comments
- zipper, on 10/12/2007, -0/+0google shares are freaking over priced. When its gonna fall, investors are gonna ***** in their pants.
- zipper, on 10/12/2007, -0/+0"So how much are Microsoft and Apple worth??"
Microsoft is around 265.46B
Apple is around 46.19B
Figures may be a bit outdated.
Used the following links to get the data,
http://finance.yahoo.com/q/ks?s=MSFT
http://finance.yahoo.com/q/ks?s=AAPL - anastrophe, on 10/12/2007, -0/+0'pride goeth before the fall'.
google is on a crack binge, but the crack is known as 'pride'.
if you have google shares, you'd have to be idiot to hold on to them. the bubble *will* burst, and it isn't going to be pretty. google is insanely overpriced.
the fact is, monday may see a pretty substantial fall in price, as current shareholders cash in. - ndm007, on 10/12/2007, -0/+0So how much are Microsoft and Apple worth??
- Vandal, on 10/12/2007, -0/+0Holy crap! Where is my time machine Kip?
- adml_shake, on 10/12/2007, -0/+0Well lets just hope the other shoe doesn't drop...
- BugMeNot2, on 10/12/2007, -0/+0Gaaawwdddd Damn.
- jasqwerty, on 10/12/2007, -0/+0@Reaver
Yah, and? They have gone over 3x since their IPO over a year ago, and dumping your entire life's savings in a stock is a stupid play at best, especially something as speculative as google.
Plus, how does it make you 'rich' exactly? 3x as much money is significantly more, but it's not anything especially amazing. 100x, now you're talking.
http://finance.yahoo.com/q/bc?s=CMGI&t=my&l=off&z=l&q=l&c=
Buy: Early 98
Sell: Early 00
NOW THATS SOMETHING YOU CAN BECOME A MILLIONAIRE OVER.
**I expect the google stock chart to look similiar in a few years. :-D - mangaloredude, on 10/12/2007, -0/+0It is wrongly projected that Google's profit increased 7 times. It was 250 millions last year. They said it is 50 million after paying an amount of 200 million to settle a dispute with Yahoo!. It is suprising that it is not considered when analysts were crunching the numbers.
Last year same quarter Yahoo! sold 100 millions worth of Google shared and included that in the profit. If that 100 million is excluded from the profit, Yahoo! also made more than 4 times profit in a year.
Internet bubble is back guys! Don't listen to these analysts who priced Yahoo! at $300+ before the bubble burst. Be careful and think before investing in over priced stock.
Google is the darling of analysts as Yahoo! was in bubble time. You never know when it is going to burst. - inactive, on 10/12/2007, -0/+0microsoft once worth 500 billion
- dballing, on 03/10/2009, -0/+0Wish I could of hopped on that stock back in the day. I'm always looking for that next big stock to retire on. One site that I'm a huge fan of is called Iron Hot Stocks. Hopefully one day they will hit the big time with the stocks they write about for their members.
http://www.ironhotstocks.com - iamsjn, on 10/12/2007, -0/+0Maybe I'm missing something but how in the hell does Google make money? Is is all strictly advertising dollars?
Just scratching my head...
SjN - iFindout, on 10/12/2007, -0/+0That's great Google, keep munchin that double bubble. I think that the only ones making the money with the Google hype is the Google brass and the insider trading crooks at wall street that trade by the millions. I don't believe in the stock market ever since I got shafted up to my throat in the last dotbomb _cycle?
- jasqwerty, on 10/12/2007, -0/+0@iFindout
What is there to 'believe' exactly? You got burned by listening to dumbass 'analysts' instead of doing your research.
If you buy a stock and it increase in value, and you sell it, you've made money, other way around if it decreases in value.
But of course, that's ***** speculative investing. If you bought your stocks for the real reason you're supposed to, DIVIDENDS, you wouldn't be a millionaire but tech stocks aren't on the high end of strong dividends. - Kennils, on 10/12/2007, -0/+0We are doing a stock simulation in school right now. I think that whoever has Google has now overtaken my team. We were in first, but it looks like that's over.
- Linuxrocks, on 10/12/2007, -0/+0Wow that's amazing, they're almost worth half of what Microsoft is in like 1 1/2 years when Microsoft took like 20 years to get that big.
- reaver, on 10/12/2007, -0/+0Imagine if you invested your life savings into them when they went public. Sell now and you're rich.
- sfacets, on 10/12/2007, -0/+0man, they should sell out and end world poverty.... or buy Australia or something...
- Linuxrocks, on 10/12/2007, -0/+0Some people are just ignorant. Stock worth is not built up slowly over time. It can sky rocket to 1000 billion one moment, and crash down to 1 million the next.
Not even Microsoft's stock grew that fast.. And 1000 billion? You mean 1 trillion? - BxBoy, on 10/12/2007, -0/+0Big G! :D
- iFindout, on 10/12/2007, -0/+0@jasqwerty
"You got burned by listening to dumbass(crooks) 'analysts' instead of doing your research."
Correctomundo!, I went the easy way as I always thought that in order for you to make your our profits you have to swim in research like it's your 9 to 5 and when you invest your money, watch the market like a hawk, for any signs trouble. I didn't have that kind of time. - inactive, on 10/12/2007, -0/+0This is one big bubble.
- krustie, on 10/12/2007, -0/+0I would of thought apple was worth more then google :(
- inactive, on 10/12/2007, -0/+0"Wow that's amazing, they're almost worth half of what Microsoft is in like 1 1/2 years when Microsoft took like 20 years to get that big."
Some people are just ignorant. Stock worth is not built up slowly over time. It can sky rocket to 1000 billion one moment, and crash down to 1 million the next. - astroflake, on 10/12/2007, -0/+0i don't get it....
there isn't one positive comment here. google is a fantastic company that has absolutly fantastic products. _everyone_ i know uses their products without complaint. i use half of their products daily. Google is making money hand over fist with its very effective advertising model, and they haven't even implemented advertising in all of their products, so they've still got a lot of room to expand.
The difference between the dot com bubble and all those companies that crashed and google, is that google actually has the revenue coming in. i've stuck with google for months despite all the negativity in the air, and i've made a lot of money. I also know a lot of people that lost a lot of money shorting it. google still has a lot of growth.
I don't listen to analysts. i listen to myself and the people around me who use google products. wall street only controls stock in the short run, in the long run reality and real people catch up with long term performance, and that's exactly what google is about. - Dabellah, on 10/12/2007, -0/+0Stocks give me headaches... Too much worry...
I do recall however at one point in my life when I was going to invest all my savings into 3dfx after their announcements and advancements in dual GPU architecture that literally would have taken the industry by storm. I was investing for the sole purpose of investing in them, just to find later that it took an even greater turn in worth when NVIDIA BOUGHT EM OUT! I couldn't believe I missed out on that... I'd be one hell of a rich man if I would have gotten off of my ass... - inactive, on 10/12/2007, -0/+0Wow, Google was *almost* worth half as much as then annual cost of the war in Iraq!
- astroflake, on 10/12/2007, -0/+0uh, i'm sorry, i thought a "product" was something that was "produced," regardless of who pays for it. And comparing the kind of banner crap advertising that went on in dot bomb era, with the highly effective model that google uses is insane. Google is doing so well because its adveriting works. Giant companies have massive advertising budgets that they just throw away and pretend to track. Small companies stop adverting if they don't get results. The reason Google makes so much money, even without the giant advertisers up until now, is because its model actually makes money for the small business that use it. Google is effective.
It's not a free product either. It's paid for by the people advertising to you, just like the content on your TV, the news in your paper, and pretty much every sporting event on earth are subsidized or made free by advertising. without advertising most stuff would cost a _LOT_ more.
people are so quick to dismiss ad based business models because of the crash, even though we live in a world completly subsidized by ad dollars. The truth is that some advertising does work. Google's model isn't just hyped up by the media, none of the people who advertise with google give a damn about its stock or what the media says. The people who use google care about ROI, and they see a return that's better than anything else they use. That's the power of google. It's not just a powerful company, it's a company that releases AWESOME products that everyone uses, and provides AWESOME results for it's advertisers. - fonebone, on 10/12/2007, -0/+0Google is overpriced. It has a PE ratio of nearly 100. Another way to put it: an investor will have to wait 100 years to double his money, based on earnings.
Microsoft on the other hand has a PE ratio of 20 (which is reasonable for a technology company).
Back in the "bubble days" of Internet stocks, they all had PE's of 100+. - inactive, on 10/12/2007, -0/+0> google is a fantastic company that
> has absolutely fantastic products.
> _everyone_ i know uses their products
> without complaint.
Uh, "products" are something that people *BUY*.
Everything else is either an incentive or a gift.
I can't believe that people are so out of touch with reality (emotional about google's stock) that they have lost sight of this fact.
An acquaintance once said that the main problem with the .com era was that their business plans primarily consisted of standing out on the street corner giving out $1 bills to everyone who passed by. I don't see how google has progressed beyond the "1. steal underpants 2. ? 3. profit!" model. Keep in mind that the internet advertising industry is a fickle bitch that can turn on a dime (does *anyone* remember the inet ad bust of 2000? it took down some pretty well established companies... laying off a bunch of PhDs is not a pretty site and will definitely not be good for google when it happens).
Personally, I don't care if you invest in google or not. In fact, considering that the investment banks were purposely left out of google's IPO and are probably driving most of the initial ramp-up, I *REALLY* don't care if the stock crashes (insert banker's Machiavellian scheme to punish google for monkeying with the IPO status quo). - inactive, on 10/12/2007, -0/+0Applying the "invest in what you and your friends/family buy every day/week" principle: holy *****, batman, there's going to be a crash.
I have *nothing* that says "google" in my house.
Oh, sure, I depend on google for searches and looking at maps is nice and I like to use google earth to wow my friends and yes, I have several gmail accounts, etc... but I don't pay a cent for these services and, should they actually try to charge me money for them, I will move on the next provider to quality free services in a heartbeat... and, in all reality, as google starts to misbehave as a company (I'm quite sure they're already doing this, but it simply hasn't come to the public's attention yet), I will move on and any supposed value that the intimate details that I provide them will will evaporate. - astroflake, on 10/12/2007, -0/+0exactly my point... "i have *nothing* that says "google" in my house" and yet "I depend on google for searches and looking at maps is nice and I like to use google earth to wow my friends and yes, I have several gmail accounts, etc..." wow, for someone that has nothing google in his house, you sure seem to have a lot of google in your computer. you don't pay a cent for them, but every once in a while an ad pops up that's actually relevant to your search, and you (and millions of other people) actually click on it, and when that happens Google makes money.
That's how advertising works, and that's how google makes almost all of its money. more impressive still, until now, most of their advertising revenue has come from relatively small business. the cash cow companies with multi millions dollar ad budgets are only now starting to understand the power of google. here comes the MONEY... - inactive, on 10/12/2007, -1/+0you guys are gay
- ndm007, on 10/12/2007, -1/+0i think we have a few years before that happens. and then they will have to SELL SELL SELL!!!!!!!!!
- N0_SkillZ, on 10/12/2007, -1/+0Google, is not going anywhere. Their a powerhouse that keeps building momentum. For those Google nay-sayers, we'll see how far your M$ stocks get you in the next 10 years.
GoogleOS... were waiting for you ;) - ScottyTee, on 10/12/2007, -3/+0wow, keep it up google :)
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