Google's shares pass $700 mark

bradclark1 · 10-31-07, 11:47 AM

I remember not too long ago when they first came out. A couple of guys with a nifty new way to do searches. You'd say you found 'it' on Google and people would say "Huh, who are they?". 2004 they went public at $85.00 a share and they became millionaires. Today $700.00 a share and they are billionaires. I love hearing regular people with a better idea making it big.
http://www.news.com/8301-10784_3-980...g=2547-1_3-0-5

10-31-07, 01:29 PM

The central bank lowered the federal funds rate to 4.5% and the discount rate to 5% in an effort to stimulate economic activity and keep the country from dipping into a recession.

The dollar will drop further. The US trade defecit will fall. The market will reach 14,000. And the EU will complain.

http://www.cnbc.com/id/21563241

XabbaRus · 10-31-07, 04:48 PM

Yes but the question is when the bigger idea makes them too big for their boots. I'm not panning success but Google seem to be getting quite long tentacles.

TteFAboB · 10-31-07, 05:07 PM

Google is the new Microsoft, except they don't make operating systems, yet.

bradclark1 · 10-31-07, 07:48 PM

Quote:

Originally Posted by XabbaRus

Yes but the question is when the bigger idea makes them too big for their boots. I'm not panning success but Google seem to be getting quite long tentacles.

That happened to Yahoo. Maybe some lessons were learned.

Onkel Neal · 10-31-07, 09:41 PM

I have the feeling we are beginning to see the Tech Bubble 2.0

10-31-07, 11:47 AM	#1
bradclark1 Ocean Warrior Join Date: Feb 2003 Location: Connecticut, USA. Posts: 2,794 Downloads: 29 Uploads: 0	Google's shares pass $700 mark I remember not too long ago when they first came out. A couple of guys with a nifty new way to do searches. You'd say you found 'it' on Google and people would say "Huh, who are they?". 2004 they went public at $85.00 a share and they became millionaires. Today $700.00 a share and they are billionaires. I love hearing regular people with a better idea making it big. http://www.news.com/8301-10784_3-980...g=2547-1_3-0-5 __________________

10-31-07, 04:48 PM	#3
XabbaRus Navy Seal Join Date: Sep 2001 Posts: 5,330 Downloads: 5 Uploads: 0	Yes but the question is when the bigger idea makes them too big for their boots. I'm not panning success but Google seem to be getting quite long tentacles. __________________

10-31-07, 05:07 PM	#4
TteFAboB Admiral Join Date: Oct 2004 Posts: 2,247 Downloads: 4 Uploads: 0	Google is the new Microsoft, except they don't make operating systems, yet. __________________ "Tout ce qui est exagéré est insignifiant." ("All that is exaggerated is insignificant.") - Talleyrand

10-31-07, 09:41 PM	#6
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,383 Downloads: 541 Uploads: 224	I have the feeling we are beginning to see the Tech Bubble 2.0 __________________ SUBSIM - 26 Years on the Web

10-31-07, 01:29 PM	#2
waste gate Stowaway Posts: n/a Downloads: Uploads:	The central bank lowered the federal funds rate to 4.5% and the discount rate to 5% in an effort to stimulate economic activity and keep the country from dipping into a recession. The dollar will drop further. The US trade defecit will fall. The market will reach 14,000. And the EU will complain. http://www.cnbc.com/id/21563241