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10-22-2004, 08:36 AM
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Junior Member
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Join Date: 05-27-04
Posts: 15
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Today's High: $ 174.17
And it's just beginning !
Google's Share is at 174.17$ at the moment i'm writing this lines, it was just 149$ 2 hours and a half ago !
I don't know why I'm writing this, but it's just CRAZY !
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10-22-2004, 09:52 AM
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Senior Member
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Join Date: 09-02-04
Location: Chicago, IL
Posts: 323
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$ Ding $ Ding $ Ding $ Ding $
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10-22-2004, 10:50 AM
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Junior Member
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Join Date: 05-27-04
Posts: 15
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Good for you ... Personnally I didn't have the guts to do it this time. Already lost thousands thanks to google so 
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10-22-2004, 11:14 AM
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Senior Member
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Join Date: 02-11-04
Location: Corpus Christi, TX
Posts: 433
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$174.60
__________________
MichaelF[at]pipeline-webdesign.com
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10-22-2004, 11:53 AM
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Senior Member
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Join Date: 10-15-03
Location: Charlotte, NC
Posts: 383
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Think a few months ago the IPO price was $85 not bad...
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10-22-2004, 12:07 PM
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Contributing Member
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Join Date: 05-07-04
Posts: 682
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Quote:
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Originally Posted by Ziad.T
And it's just beginning !
Google's Share is at 174.17$ at the moment i'm writing this lines, it was just 149$ 2 hours and a half ago !
I don't know why I'm writing this, but it's just CRAZY !
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Time to sell 
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10-22-2004, 02:41 PM
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Senior Member
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Join Date: 03-29-04
Posts: 177
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Mercy thats good! $ding $ding alright!
Karen
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10-22-2004, 03:05 PM
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Senior Member
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Join Date: 08-03-04
Posts: 526
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I would sell, but you never know, it might be worth to hang on until the google os comes out and starts selling.
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10-22-2004, 07:13 PM
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Senior Member
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Join Date: 09-02-04
Location: Chicago, IL
Posts: 323
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Bigger market cap than Yahoo!
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10-22-2004, 08:12 PM
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Contributing Member
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Join Date: 04-14-04
Location: toronto
Posts: 102
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Quote:
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Originally Posted by Shawn Steele
Time to sell |
no, buy now. Sell exactly one year and seven months from now, right before Google 'pulls a Yahoo' and realizes that it cant do everything at once.
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10-24-2004, 04:55 PM
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Contributing Member
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Join Date: 10-20-03
Location: United Kingdom, London
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You never know ... I think google has more potential than yahoo ... but would you use Google OS? - I don't think I would!
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10-24-2004, 05:09 PM
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Senior Member
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Join Date: 10-15-03
Location: Charlotte, NC
Posts: 383
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Quote:
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Originally Posted by Zain Jaffer
You never know ... I think google has more potential than yahoo ... but would you use Google OS? - I don't think I would!
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Would be a Linux distribution with their logo on if they did...
(off topic)
I love linux but not on the desktop. The Linux desktop is not even close to Microsoft and would require serveral years to play catchup (if MS would put a freeze on develop (which they wouldn't)
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10-24-2004, 06:04 PM
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v7n Mentor
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Join Date: 03-26-04
Location: Warrington, England
Posts: 1,540
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Linux desktop is better when you have configured it correctly.
__________________
I have become death, destroyer of worlds.
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10-25-2004, 01:12 PM
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Senior Member
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Join Date: 09-02-04
Location: Chicago, IL
Posts: 323
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Up another 10% today.
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10-25-2004, 03:32 PM
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Senior Member
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Join Date: 04-24-04
Posts: 131
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This is not the time to buy :-) It was time to buy when it was $85
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10-25-2004, 09:03 PM
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v7n Mentor
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Join Date: 02-18-04
Location: We Are Penn State!
Posts: 3,118
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share price really does not mean that much...what is really important is overall market capitalization.
putting Google in perspective:
Google market cap:
50 Billion
eBay market cap:
63 Billion
Cysco Systems market cap:
120 Billion
Intel market cap:
137 Billion
Wal-Mart market cap:
220 Billion
MicroSoft market cap:
300 Billion
GE market cap:
350 Billion
Google is already worth 1/6th of MSFT and 1/7 of GE, who I think are the two most valuable companies in the world. if Google keeps up their market dominance and leverages its position as "internet marketing" and "finding out information" and "bad ass distributed computing systems" by the turn of the decade it may be worth more than any of the other companies on this list...by a wide margin too.
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10-26-2004, 12:07 AM
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Member
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Join Date: 08-06-04
Posts: 44
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price doesnt matter... profits matter, and the p/e ratio of that company is terrible... you couldnt pay me to by g**gle
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10-26-2004, 12:20 AM
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v7n Mentor
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Join Date: 02-18-04
Location: We Are Penn State!
Posts: 3,118
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Quote:
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Originally Posted by losangel27
price doesnt matter... profits matter, and the p/e ratio of that company is terrible... you couldnt pay me to by g**gle
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it has a massive growth rate, an amazing brand, and some industry dominating technologies. I am not about to go run out and buy a bunch of shares right now, but the company has serious potential.
looking just at the numbers doesn't account for many intangibles.
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10-26-2004, 07:57 AM
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Member
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Join Date: 08-10-04
Posts: 59
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Over priced. Look at the PE ratio.....could collapse if the economy shows any sign of slipping.
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10-26-2004, 08:15 AM
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Senior Member
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Join Date: 09-02-04
Location: Chicago, IL
Posts: 323
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Yeah, whether it has a massive growth rate or not, it's always very risky to buy such a high P/E stock.
It's also very risky to take the advice of people on message boards!
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