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Old 09-28-2004, 10:30 PM   #1
Mike Panic
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got google stock?

was still awake at 830 am and was watching cnbc... google stock (goog) is in mid $120's now and they are saying within 12 months will be at target of $145... anyone here own - anyone get in on the IPO?
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Old 09-28-2004, 10:39 PM   #2
jewcash
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Quote:
Originally posted by Mike Panic
was still awake at 830 am and was watching cnbc... google stock (goog) is in mid $120's now and they are saying within 12 months will be at target of $145... anyone here own - anyone get in on the IPO?
have about 1k shares
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Old 09-28-2004, 10:39 PM   #3
Easton
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i doubt anyone here got in at the IPO price since it was so heavily over-subscribed (well maybe WG did... lol)

but you could have picked it up at $110 four weeks ago
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Old 09-28-2004, 11:16 PM   #4
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120 to 145 isnt really that impressive, its a good return, but you can make more investing elsewhere with less risk.

Or maybe I'm just greedy after the last stock boom we had where 15-20% just doesnt seem that appealing anymore.
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Old 09-28-2004, 11:19 PM   #5
uchase/webpry
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... no, and I won't touch it either. that SE down for one day and all the sheep will sell ... to much hype.

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Old 09-28-2004, 11:23 PM   #6
JP Paradise
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My background is 10 years I-Banking....I keep wondering does no one remember the bubble bursting??

Short this shit.... You can argue all you want but bottom line it is still a fucking SE. You know around the globe there are all kinds of companies working on yet the newest..latest...greatest technology.

The 240z was the hottest sports car for awhile.....would you drive it now?
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Old 09-29-2004, 01:02 AM   #7
BrainDead
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what about 3k shares. isn't a impressive.
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Old 09-29-2004, 01:10 AM   #8
Mike Panic
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im sorry, but 120-145 is pretty impressive, thats a 20% gain - a nice return anyway you look at it

the analists who don't htink this stock can keep up its pace blame the owners - and claim they simply don't have enough overall business experiance to keep the profits going -of which they are claiming (google owners) that there will be a 50% per year profit gain - just think about that

100 x 50% = 150
150 x 50% = 225
225 x 50% = 337.5
337.5 x 50% = 506.25
506.25 x 50% = 759.375

thats some serious goals for a company thats not even 10 years old...

trust me, i know adwords is doing very very well... but can it keep up?
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Old 09-29-2004, 01:26 AM   #9
JP Paradise
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Can you say PUT OPTIONS!!
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