Google Share Price break $600

[pelican]

Just read the news of google share price break $600.

On the first day of trading in 2006, analyst Safa Rashtchy from Piper Jaffray predicted Google to reach $600.
I remember reading an article how some analysts are skeptical about the prediction but i cant find the article...

Now some analyst predict Google share will reach $700 by end of 2008.

A screenshot i took just now.

[amaze]

Anyone going to buy some shares. I have some money I need to invest...

Was just about to post this . Amazing. Too bad revenue from Adsense is way down.

[xc06]

Good bubble...

[ezkl]

Originally Posted by amaze

Anyone going to buy some shares. I have some money I need to invest...

I wouldn't touch it as high as it is right now unless I had a lot of money to burn. I'm not necessarily saying it'll drop significantly, but in my humble opinion your potential risk is exorbitant with a price that high in this market.

[pelican]

IPO price on August 19, 2004 is $85.00

before 2005, price is over $190

mid 2005 reach $300

two years later now... price is doubled.

i just took a quick peep... it is now $609



it is really scary that it is rising high... and hard to anticipate when will it burst.
Not a good thing for us webmaster if google bubble burst.

Originally Posted by ezkl

I wouldn't touch it as high as it is right now unless I had a lot of money to burn. I'm not necessarily saying it'll drop significantly, but in my humble opinion your potential risk is exorbitant with a price that high in this market.

yeah. if i have the money, i wont play with such high priced shares. it is not worth the risk.

[calirob]

wow. I remember that people where like its never going above 400 when it dipped to 350 due to a correction. Now 600. wow. what will be next 1000.

The beast continues to grow.

[pelican]

this guy, Henry Blodget provide his view of Google to $2,000 a Share early this month.

[godmode]

my target price by Dec 2007 is $670+