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dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4

A sad day

if you can't beat em, buy em

chemaupr

join:2005-06-06
Alexandria, VA

google is just becoming another MS...



fAcEtIOUs
Premium
join:2002-03-03
kudos:4

said by chemaupr:

google is just becoming another MS...
They are now on the Wall St treadmill. They have to keep those stock analysts and the shareholders happy.
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caco
Premium
join:2005-03-10
Whittier, AK

Does anyone here think google is worth $400.00+ a share? Google is way overpriced especially for a freaking search engine.
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Subaru
1-3-2-4
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join:2001-05-31
Greenwich, CT
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said by caco:

Does anyone here think google is worth $400.00+ a share? Google is way overpriced especially for a freaking search engine.
damn thats what it's at now? hmm last year I think it was like $350 or something like that?


Matt
All noise, no signal.
Premium
join:2003-07-20
Jamestown, NC
kudos:12

reply to caco

said by caco:

Does anyone here think google is worth $400.00+ a share? Google is way overpriced especially for a freaking search engine.
HA HA HA HA ... no.

When established companies like Yahoo, IBM and Microsoft are traded at less than 1/4 of the GOOG price. No, it's 1998 all over again only this time, limited to one company.

While I love Google to death and use all their products almost, $400/share is insane.


Vodka2

join:2005-12-20
Sacramento, CA

1 edit

reply to caco
Not nessecarilly. To JUST say a share of Google is $400 and therefore this or that... is kinda asinine.

You also need to look at their market cap, their volume, and company performance.

To just come on and say "BAH ITS 400 A SHARE OMFG TOO EXPENSIVE" doesn't show a whole lot of experience on your behalf.

::Edit:: And because I'm too busy to look, I'm not going to form an opinion on where Google's stock is at right now



fAcEtIOUs
Premium
join:2002-03-03
kudos:4

2 edits

Google closed today at $429.

Morningstar analysts consider Google overpriced:

Fair Value Estimate $285.00
Consider Buying $219.80
Consider Selling $357.10

by Rick Summer, CFA, CPA | 09-20-06 | 9:24AM
At an investor conference Tuesday, Yahoo's YHOO CFO warned of lower growth in online sales, particularly in the automotive and financial segments of the advertising market. While this quarterly weakness may be isolated to a select few Internet companies, we believe that Google GOOG is just as vulnerable as Yahoo to any slowdown in advertising spending. Google's growth is wholly dependent on advertisers' propensity to spend, not on clicks, searches, or number of people on the Internet. We are comfortable with our assumptions and believe our own model reflects a long and steady decline in online advertising growth. However, investors should keep in mind that advertising growth may decline even more rapidly than we have modeled, and at the current stock price, the risks of investing in Google far outweigh the potential returns, in our opinion.
»quicktake.morningstar.com/Stock/···analysis

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Matt
All noise, no signal.
Premium
join:2003-07-20
Jamestown, NC
kudos:12

reply to Vodka2

said by Vodka2:

Not nessecarilly. To JUST say a share of Google is $400 and therefore this or that... is kinda asinine.

You also need to look at their market cap, their volume, and company performance.

To just come on and say "BAH ITS 400 A SHARE OMFG TOO EXPENSIVE" doesn't show a whole lot of experience on your behalf.

::Edit:: And because I'm too busy to look, I'm not going to form an opinion on where Google's stock is at right now
I have done all the research.

My money will not go to GOOG ... yet

Perhaps I am risk adverse, but I think I'll keep my money in the established companies such as MSFT, IBM, and RHAT.


Subaru
1-3-2-4
Premium
join:2001-05-31
Greenwich, CT

It's been how long Since IBM has been in the news over stocks??



Vodka2

join:2005-12-20
Sacramento, CA

Re: A sad day

Tkjunkmail, good info... yeah, it appears that Google is overpriced as a stock :-D

(but not just because "OMFG ITS OVER 400 A SHARE~!" lol)


Matt
All noise, no signal.
Premium
join:2003-07-20
Jamestown, NC
kudos:12

reply to Subaru

said by Subaru:

It's been how long Since IBM has been in the news over stocks??
Probably years because they have been trading at a steady $80+ a share.


Subaru
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said by Matt:

said by Subaru:

It's been how long Since IBM has been in the news over stocks??
Probably years because they have been trading at a steady $80+ a share.
I remember back in 1998-2000 they were almost always in the news but now its pretty silent.


Matt
All noise, no signal.
Premium
join:2003-07-20
Jamestown, NC
kudos:12

said by Subaru:

said by Matt:

said by Subaru:

It's been how long Since IBM has been in the news over stocks??
Probably years because they have been trading at a steady $80+ a share.
I remember back in 1998-2000 they were almost always in the news but now its pretty silent.
And silence is a bad thing?

»finance.google.com/finance?q=IBM

Mmmmm, tasty steadyness.

Kearnstd
Elf Wizard
Premium
join:2002-01-22
Mullica Hill, NJ

reply to dvd536
IBM isnt a mover and shaker in the stock market anymore, nowdays they are more like that old pickup truck. doesnt perform great but is allways there ready to go.
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[65 Arcanist]Filan(High Elf) Zone: Broadband Reports



tsu9

join:2001-08-17
Wheeling, IL

reply to fAcEtIOUs
Google really doesn't care what the analysts and shareholders think.



Subaru
1-3-2-4
Premium
join:2001-05-31
Greenwich, CT

reply to Matt
wow never knew google had the stock market on the site or the news to go along with it well.



SRFireside

join:2001-01-19
Houston, TX

reply to caco

said by caco:

Does anyone here think google is worth $400.00+ a share? Google is way overpriced especially for a freaking search engine.
Keep in mind Google doesn't set the price of the current market value. The market does. If you want to blame somebody blame the .com investment speculators who go crazynuts buying stock no matter the price, which inevitably raises prices.

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