Google at $280.26 - GoFuckYourself.com

kernelpanic · 06-03-2005, 02:41 PM

Google has hit $280.26 a share, and its target is being forecast at up to $350. As innovative and industry-leading as google is, does anyone else think there is a definite google bubble just ready to burst. For stocks as a whole, their P/E is rather low, and as soon as they post poor profits, a lot of this stock is going to devalue. I remember since the IPO, this has just kept climbing and climing, even as competitors changed their products to reflect the new ideas which google brought to market.

This is gonna come down eventually

Dalai lama · 06-03-2005, 02:42 PM

It started below hunderd $

juve20 · 06-03-2005, 02:43 PM

luck share holders that had money in them from the start!!

tony

KMR Stitch · 06-03-2005, 02:43 PM

Quote:

Originally Posted by Dalai lama

It started below hunderd $

85.00

Becuase of the speculation about the stock becoming a dow jones..

boner 2.0 · 06-03-2005, 02:44 PM

I sell! I sell!

No. Not right now

chadglni · 06-03-2005, 02:45 PM

You expect google to be posting poor profits?

Biggy2 · 06-03-2005, 02:47 PM

Ive been saying that for quite a while, dont know how much longer this stock can be run up... but it has amazed me thus far. I was saying it would be corrected at 175, so what do I know.

Its definitely on my short watch..

I think I read in the first post the P/E is low, it seems very high to me.

Yahoo is almost half of what Goog is.

kernelpanic · 06-03-2005, 02:47 PM

The people who bought heavy in the IPO are the real winners here.

kernelpanic · 06-03-2005, 02:49 PM

Quote:

Originally Posted by chadglni

You expect google to be posting poor profits?

Its not about them posting poor profits, its about the stock being far too overvalued to sustain much longer. If they post good profits by corporate standards, but fall short of their own cash-cow standard and fail to live up to the hype, then the google bubble is going to burst.

Biggy2 · 06-03-2005, 02:54 PM

Quote:

Originally Posted by kernelpanic

Its not about them posting poor profits, its about the stock being far too overvalued to sustain much longer. If they post good profits by corporate standards, but fall short of their own cash-cow standard and fail to live up to the hype, then the google bubble is going to burst.

Agreed, but as long as people keep buying the stock, it will keep going up. To me, when it comes to GOOG, I'm reminded of 1999

However, the people behind Goog are EXTREMELY bright, and they have a lot of growth opportunities they havent even tapped into. They've also shown they can execute well - which is all analysts like. Just as an example..they mentioned how news.google.com doesnt even turn profit (no advertising even as of now), yet is growing very well. They just simply arent concerned right now with capitalizing it, thats how well they are doing in their other areas.. Whether or not they can sustain, who knows - people seem to think so, but its not a stock I want to touch.

kernelpanic · 06-03-2005, 03:00 PM

Good point, Biggy2. I just wonder though how much longer it can last, and how hard I can ride it until then. One of the things thats always concerned me about google is the massive amount of company stock given to employees in lieu of salary, and how that seems so enron-esque, especially considering google makes their money from the brokering of traffic, without actually offering a unique product.

They'll need to release something new soon, and I expect them to deliver. My money is on them adding locally-targeted ads to google maps, and then they'll again have a unique product.

taibo · 06-03-2005, 03:09 PM

google will only get bigger and bigger

06-03-2005, 02:41 PM	#1
kernelpanic Too lazy to set a custom title Join Date: Jan 2005 Posts: 2,961	Google at $280.26 Google has hit $280.26 a share, and its target is being forecast at up to $350. As innovative and industry-leading as google is, does anyone else think there is a definite google bubble just ready to burst. For stocks as a whole, their P/E is rather low, and as soon as they post poor profits, a lot of this stock is going to devalue. I remember since the IPO, this has just kept climbing and climing, even as competitors changed their products to reflect the new ideas which google brought to market. This is gonna come down eventually __________________ ZangoCash - Turn Your Traffic Into Ca$h. $.40 Per Install - No Tier

06-03-2005, 02:42 PM	#2
Dalai lama Strength and Honor Join Date: Jul 2004 Location: Europe Posts: 16,540	It started below hunderd $ __________________ A program you can trust. Gallerybooster Run multiply TGPs of 1 script

06-03-2005, 02:43 PM	#3
juve20 Confirmed User Join Date: Feb 2005 Location: uk Posts: 2,542	luck share holders that had money in them from the start!! tony __________________ Monetize your site with AdBrite! Monetize your site with AdBrite!

06-03-2005, 02:44 PM	#5
boner 2.0 Too lazy to set a custom title Join Date: Jul 2004 Posts: 10,970	I sell! I sell! No. Not right now __________________

06-03-2005, 02:45 PM	#6
chadglni Confirmed User Join Date: Dec 2002 Location: PEI, Canada Posts: 6,924	You expect google to be posting poor profits? __________________ Sign up here - Dating Site affiliate program

06-03-2005, 02:47 PM	#7
Biggy2 Confirmed User Join Date: Feb 2002 Posts: 1,821	Ive been saying that for quite a while, dont know how much longer this stock can be run up... but it has amazed me thus far. I was saying it would be corrected at 175, so what do I know. Its definitely on my short watch.. I think I read in the first post the P/E is low, it seems very high to me. Yahoo is almost half of what Goog is. Last edited by Biggy2; 06-03-2005 at 02:49 PM..

06-03-2005, 03:00 PM	#11
kernelpanic Too lazy to set a custom title Join Date: Jan 2005 Posts: 2,961	Good point, Biggy2. I just wonder though how much longer it can last, and how hard I can ride it until then. One of the things thats always concerned me about google is the massive amount of company stock given to employees in lieu of salary, and how that seems so enron-esque, especially considering google makes their money from the brokering of traffic, without actually offering a unique product. They'll need to release something new soon, and I expect them to deliver. My money is on them adding locally-targeted ads to google maps, and then they'll again have a unique product. __________________ ZangoCash - Turn Your Traffic Into Ca$h. $.40 Per Install - No Tier

06-03-2005, 03:09 PM	#12
taibo Confirmed User Join Date: May 2005 Posts: 3,720	google will only get bigger and bigger