Where is Google really going.

[pornguy]

I have been watching all the news, about google, and the things that they are planning, and some of the bullshit that peoeple are making up, like the production of computers, instead of an OS.

Either way, which way could they go, but up. Today they closed at over 450$ per share, I think at about 461.00$

I thought about grabbing a few when they broke 100$. How high do you think they will go, and how long do you think that it will take for Eric Schmidt to take over Gates spot as the richest man??


On December 30th 2005 Schmidt sold 28,544,363.31$ in stock.


Do you think that grabbing shares of google now is worht it?

Discuss!

[Harmon]

Google is just a fad... like blogs and Bonzi Buddy

[pornguy]

For some reason I dont quite see them that way. And Blogs will only be a fad if the SE's block them.

[jigga]

How high do you think they will go, and how long do you think that it will take for Eric Schmidt to take over Gates spot as the richest man??

I think Larry Page and Sergey Brin have a little more stock then schmidt

[Doctor Dre]

I just can't see how it can possibly stay that high

[pornguy]

they might, I just happened to be looking at his sales for the month of december and found that.

[Gottis]

they might? lol, they were the two founders. eric only got a small piece.

[Gottis]

Gates' estimated wealth rose to $48 billion from $46 billion in 2003, followed closely by billionaire investor Warren Buffett with $41 billion. But the magazine said Gates' net worth did not include the $28 billion he gave away to charities over the past years.

[Papi Chulo]

Googles going into the toilet, just like any other major public company.

Once they go public, they just become "Money Machines", in other words, corporate bigwigs come in and make all the decisions based on "what will make profits bigger next quarter" !!!!

Common sense, the motivation to succeed and all the other crap that the original developers of google were so gungho on all go out the window when they realize that they are now like one of the top 50 richest fucking peeps in the world!

History DOES repeat itself !

Papi!

[$5 submissions]

I think it will go higher. However, a lot is riding on their ability to 1) focus on their core competencies 2) consolidate and solidify their new ventures and, most importantly, 3) build a network effect arising out of their core product. This was the same 3 steps MSFT went through when it went from a mere provider of DOS to a home applications provider and systems application provider.

[Furious_Male]

Did you see that analyst upped his price target on Google today to $2k ??

He has to be on crack. Let me try to find a link.

[Furious_Male]

Fund Managers Price, Fleckenstein Comment on Google Share Price
January 6, 2006 17:19 EST -- Walter Price, managing director at RCM Capital Management, and Bill Fleckenstein, president of Fleckenstein Capital Inc., commented on Google Inc.'s stock price and investor enthusiasm for the shares. Mark Stahlman, an analyst at Caris & Co., said the search engine's shares will hit $2,000, more than triple the closest target of $600 set earlier this week by Piper Jaffray analyst Safa Rashtchy.

Google Analyst

Source Bloomberg.com news

http://www.bloomberg.com/apps/news?p...ws&tkr=goog:US

CRAZY

[Mike Okitch]

Maybe some Canadians remember Nortel. They made the TSX their little bitch for a while. Then it dropped like a ton of bricks.

Google will sooner or later have a similar faith.

No matter how great Google's technology is, it still remains a search engine that's morphing into a Yahoo like portal. If Yahoo doesn't deserve to be at the top of the stock game at this moment, neither does Google and things will adjust in time.

[Furious_Male]

A better question is whos good enough to guess when the down turn will happen and short the pig.

[RawAlex]

Interesting. I think Google, which is almost 96% dependant on Adwords / Adsense / paid listings for income, will find itself facing a mass exodus from it's products unless they stop the practices of boosting sites that run adsense up the list, and allowing people to buy lower cost adwords term, and send the traffic to pages laced with adsense listings and roundy-round listings that take you to more adsense pages, where more expensive terms are listed.

The media will get a sniff, and look out... ride to the basement, at least for a while.

IMHO, of course.

Alex

[Brujah]

Remember the recent article on how click fraud could completely destroy GOOG (and the internet economy) ? I hope they can continue to grow their ad* models, and combat potential click fraud.

[Shoehorn!]

Googles going into the toilet, just like any other major public company.

Once they go public, they just become "Money Machines", in other words, corporate bigwigs come in and make all the decisions based on "what will make profits bigger next quarter" !!!!

Common sense, the motivation to succeed and all the other crap that the original developers of google were so gungho on all go out the window when they realize that they are now like one of the top 50 richest fucking peeps in the world!

History DOES repeat itself !

Papi!

Um, you couldn't be more wrong. There are plenty of publicly traded companies that don't fit your credulous generalization.