Slide Away

online bingo · 03-09-2006, 05:24 AM

Google continues to launch fantastic products including the Analytical Tool, Google Earth, Google Talk, Google Pages, Personalised Google, the list goes on and on but can they justify such a high stock price. It's great that all of these products are free to use which immediately knocks the competition down and their market share is enormous. But the recent slide from $450 to $350 points out that these guys are surely overvalued with a market cap of $105B.

I've not had the best of luck in tech stocks but have had some success with companies such as Cisco and BEAS and I'll probably steer clear of Google.

mondine · 03-11-2006, 03:25 PM

To me, this shows the inanities of the marketplace, and the blindness of automated market trade 'programs' that try to pick apart minute-by-minute developements (and largely, what other investors are doing), instead of judging the actual value of a company.

Me, I'd just be grateful at the drop, and grab every share I could at the price, if I had the money to invest.

k001 · 03-13-2007, 05:52 AM

Now googles stock seems to be back to 450, interesting to see how things evolve in the future.

03-09-2006, 05:24 AM	#1 (permalink)
online bingo Noogle Join Date: Mar 2006 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Slide Away Google continues to launch fantastic products including the Analytical Tool, Google Earth, Google Talk, Google Pages, Personalised Google, the list goes on and on but can they justify such a high stock price. It's great that all of these products are free to use which immediately knocks the competition down and their market share is enormous. But the recent slide from $450 to $350 points out that these guys are surely overvalued with a market cap of $105B. I've not had the best of luck in tech stocks but have had some success with companies such as Cisco and BEAS and I'll probably steer clear of Google.

03-11-2006, 03:25 PM	#2 (permalink)
mondine Google Guru Join Date: Sep 2005 Location: Vancouver, BC. Posts: 4,002 Thanks: 0 Thanked 4 Times in 3 Posts	To me, this shows the inanities of the marketplace, and the blindness of automated market trade 'programs' that try to pick apart minute-by-minute developements (and largely, what other investors are doing), instead of judging the actual value of a company. Me, I'd just be grateful at the drop, and grab every share I could at the price, if I had the money to invest. __________________

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

03-13-2007, 05:52 AM	#3 (permalink)
k001 Noogle Join Date: Mar 2007 Posts: 5 Thanks: 0 Thanked 0 Times in 0 Posts	Now googles stock seems to be back to 450, interesting to see how things evolve in the future.

GoogleCommunity Sponsor
Use coupon "forum" for 50% Off!


Sponsored Links