Well lets just put it this way, even if Google were to disappear today, Larry and Sergey would still make out like bandits. They are now media stars and have been the best thing for the Media since Wacko Jacko and Britney Spears, the problem is they turned former good publicity into bad publicity. Perception in the public stock markets is very important to grow or maintain any sort of market capitalization. Investors can be spooked into panic selling and that can destory any company, Google is not special in that regard. Time will tell the story here, but Google has a world of trouble to overcome. http://cbs.marketwatch.com/tools/quotes/newsarticle.asp?guid={1DA992C7-A355-46A2-846E-D259BDF477EF}&siteid=mktw&dist=nbs&symb= I will say this, they have made more money for the Media than any other company ever, they will remain headline makers, in addition to this they have made webmaster forums the most interesting places ever. For that reason, I say Google is GREAT, at least for Shawn
Judging by the 18% increase by close, I would guess that there were a lot of people that were wrong when they said this thing will flop out of the gate. So now that we have that group out of the way, we will then see the "this will climb at first then fall back to earth" group vanish. As Shawn said AC (and from what I hear) there were a lot of people trying to get this thing black balled for handling it the way they did. This thing will grow.
Just stay tuned NC, remember you are my only friend left here at DP, I don't care if you agree with me or not
Your a great forum player NC, I just don't know about that Shawn guy Since you are so kind NC, I have a gift for you below http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=goog&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=rcom&symbol=vrsn&symbol=&selected=goog
NC, all that volume was not such a good sign. Read this article linked on that quote page to find out why. Judging Google's Success Is In Eyes Of The Beholder >GOOG You will have to go back to the prior long link in my last post to find the above linked on that page.
That, at any rate, is my theory. Or maybe he isn't short google but would like to be... Anywaycea I think you have some good points, though sometimes you do come off a bit killing the mosquito with the flamethrower... but that's okay. In theory I am long google in the short term, short google in the long term. In reality, I have nothing whatsoever to do with the stock. I think we should all get together and try to compete effectively with our own "inside schemes" instead of bottom feeding on the breadcrumbs big huge companies like google toss us out of their infinite generosity. That´s what DP´s ad network is about, that´s what thinkbling´s tools, including his own revenue sharing phpbb mod are about... and that´s what I will be working about. Let´s run our own show. Meanwhile have fun monitoring your google shares. Thomas.
2nd day of trading report, analysts are giving buy, sell or hold recommendations. See below link. http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:GOOG&Feed=RTR&Date=20040820&ID=3927705
Where Google will end up? It will end up just like any other stock that is traded, in a trading range, up and down, you just need to pick your trading positions, long or short and the time of your trades as far as buying or selling. The question is, will they be able to grow the market capitalization (is Google worth more than General Motors?), this will determine the price of the stock. Do folks believe that Google is worth what it is today, more or less? Only time and the marketplace can determine that. But I do have another gift for you below. http://cbs.marketwatch.com/tools/quotes/newsarticle.asp?guid={DC28E71C-A2EB-4654-9021-79515051F9D1}&siteid=mktw&dist=nbs&symb=
Google IPO Update, Analyst comments are in the folowing article. The Good, the bad and the ugly..... http://www.fool.com/news/commentary/2004/commentary04082303.htm?logvisit=y&source=estmarhln001999&npu=y
Don't read no more, some folks are interested in learning more about the subject. Did you sell your stock and are not concerned any longer? Truth is NC, I have stuff that you would (should) want to look at that I have not posted to this thread. Do you want me to start holding back and not post?
haha, AC, if I had listened to you, I would have done nothing but lost money on this stock, nuff said.
Last week Yahoo did the following: Just weeks after settling a patent dispute with Google that yielded it a bigger stake of Google's shares, Yahoo Inc. announced the sale of 2.3 million of shares of Google stock at $82.62 apiece. The sale netted $191 million. Google gave Yahoo 2.7 million shares of its stock to settle the dispute. Google shares began trading on Aug. 19, following its IPO. They sold the shares wholesale to a market maker. Google Inc. After Hours: Last 101.88 Change -0.13 Volume 14,931 Last 102.01 Open 105.49 Change -4.14 Previous Close 106.15 % Change -3.90% Bid 102.01 Volume 2.601 Mil Ask 102.01 Avg Daily Volume 989,500 Instit. Ownership NA Day's High 105.49 52 Week High 113.48 Day's Low 102.01 52 Week Low 95.96 StockScouter Rating NA Intraday Chart Fundamental Data fyi P/E 258.90 Market Cap. 27.67 Bil Earnings/Share 0.41 Tot. Shares Out. 271.2 Mil Dividend/Share NA Exchange NASDAQ
Yahoo shares are worth $30, Microsoft is worth $27 and you want to tell me Google will maintain a price of $85? I doubt it. Granted, maybe they can pull it off but I think it'll drop to about the $30 range unless they can start producing a profit quickly.