Sunday, July 3, 2005

GOOGLE BOOM

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From my post, GOOGLE + PLAYBOY = BIG AS AN AUTO PLAYER?

What is Google's "fair" value price? Around $110? It went up 18% on its day of debut to $100.34. Today's it ended at $108.31. What's your guess for next week? Nicole Maestri of Reuters is probably right in her assessment that Google will be scrutinized by the stock research analysts. (EGO, 08/19/04.)


Recently, the stock has been valued at $300. I ask the same question as the Economist: How high can Google go?

This week shares in Google, the world's most popular search engine, rose above $300 each, having defied most predictions by more than tripling in the ten months since the firm made its stockmarket debut at $85 a share. Now valued at more than $80 billion, Google has left in the dust the other three internet Wunderkinder—Yahoo!, eBay and Amazon—and even passed media stalwarts such as Time Warner. How does Google do it? (What a lot of wheatgrass, Economist.com, 06/30/05.)


Tim Beyers of Motley Fool thinks Google is a "rule maker." What do you think?

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