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Goog Shares Break $600

Reto Meier [PersonRank 10]

Monday, October 8, 2007
13 years ago3,203 views

Google shares have broken the $600 mark for the first time today.

finance.google.com/finance?q=N ...

It would be interesting to see what an official confirmation / denial of a gPhone would do to the share price!

David Hetfield [PersonRank 10]

13 years ago #

Cool!

I recall that when it hit 500$ people said it will double it self in one year.
But that was a long time ago. And unfortunately it didn't. :/

Niraj Sanghvi [PersonRank 10]

13 years ago #

Yes, but many had also predicted that the price was inflated at that point and it would fall soon after (which didn't happen either, clearly). I wonder how high it can reasonably get before it's truly over-inflated (it may already be, I don't know). It's always seemed weird to me that it's so high when Apple is at $164 and Yahoo is at $28.

/pd [PersonRank 10]

13 years ago #

yeah and MSFT is now seeking a big plan to get a chunk of the Google AD market –

nytimes.com/2007/10/03/technol ...

Juha-Matti Laurio [PersonRank 10]

13 years ago #

reuters.com/article/technology ...

"The ranking puts them behind software maker Microsoft and network equipment company Cisco Systems Inc., but ahead of retailer Wal-Mart Stores Inc."

David Hetfield [PersonRank 10]

13 years ago #

After just 5 days, it got up by almost 40$.

Current value: 637.39$

finance.google.com/finance?q=N ...

Mysterius [PersonRank 10]

13 years ago #

Anyone who wants to be the first to know whether Google's stock is going to break $700 or drop like a stone will probably want to tune in to Google's live webcast:

2007 Q3 Earnings Conference Call
October 18, 2007
1:30PM PST / 4:30PM ET
investor.google.com/webcast

David Hetfield [PersonRank 10]

13 years ago #

Now it almost got to 700$ a share!!
Amazing!

Current Value: 694.77$

David Hetfield [PersonRank 10]

13 years ago #

It just broke the 700$ mark within less than one month.

Probably because they've announced the Google Phone.

Ionut Alex. Chitu [PersonRank 10]

13 years ago #

<<they've announced the Google Phone>>

Say what?

James Xuan [PersonRank 10]

13 years ago #

! WHA!!!!

James Xuan [PersonRank 10]

13 years ago #

techcrunch.com/2007/10/31/goog ...

Keith Chan [PersonRank 10]

13 years ago #

Unbelievable ... P/E: 54.92 ... not as high as Alibaba.com though :P

Ionut Alex. Chitu [PersonRank 10]

13 years ago #

"Within the next two weeks, Google is expected to announce advanced software and services that would allow handset makers to bring Google-powered phones to market by the middle of next year, people familiar with the situation say."
online.wsj.com/article/SB11936 ...

Google didn't announce anything about this.

David Hetfield [PersonRank 10]

13 years ago #

Well, not officially, but you got plenty of websites that say it'll launch in mid 2008.
I'm pretty sure they got this info from Google, don't you think?

Martin Porcheron [PersonRank 10]

13 years ago #

Well, there have been constant "GooglePhone launching next week, definitely!!!!" posts around so I've given up on hoping for any release date soon.

David Mulder [PersonRank 10]

13 years ago #

[moved from new thread "Google Stock hits $700". -Philipp]

Google hitted $700 this afternoon. finance.google.com/finance?q=g ... ... I know it isn't too much of new news, yet still interesting...

Mrrix32 [PersonRank 10]

13 years ago #

[moved]

It's only 23 days since it got to $600!!!

David Hetfield [PersonRank 10]

13 years ago #

I think the Google share is growing faster than Gmail's storage. :P

(709$ a share)

DPic [PersonRank 10]

13 years ago #

My mom bought ten shares for my account this morning :)

David Hetfield [PersonRank 10]

13 years ago #

Really!? Lucky bastard.

Well, you wanted to be rich right?
Just wait 'till it gets real high. Shouldn't take long. 2, maybe 3 days..

:P

DPic [PersonRank 10]

13 years ago #

haha yeah... let's see
Gmail 2.0
+ new features yet to come
Shared stuff coming soon
Open Social coming soon
GPhone coming soon?
New Google Pages w/ Wiki coming soon
+ Who knows what else!

James Xuan [PersonRank 10]

13 years ago #

! Your mom is rich! Buy me some while you are at it, I'll take 20 or 30 :P

DPic [PersonRank 10]

13 years ago #

haha no she isn't...
....she just put my college savings on the line!

James Xuan [PersonRank 10]

13 years ago #

Oh, hope for the best then!

David Hetfield [PersonRank 10]

13 years ago #

Seriously now,
This amount can double itself in a very short time.

I'd say she made a clever move.

Luke [PersonRank 0]

13 years ago #

now with google even loss in stock-price is something positive ;)


farm3.static.flickr.com/2019/1 ...

David Hetfield [PersonRank 10]

13 years ago #

lol..
Nice catch :)

David Hetfield [PersonRank 10]

13 years ago #

The current value is 693$ .
What happened?

Tony Ruscoe [PersonRank 10]

13 years ago #

blogoscoped.com/forum/114253.h ...

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