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  #1  
Old 02-28-2006, 12:53 PM
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Google stock. (GOOG)

One of the cool things about a forum like this is you can try to guess things, and the date of your post is "lock"...

What do you think Google's share price "should" be... meaning, what do you think it is really worth? I say in the $85-$110 range. $150 TOPS.

What do you think?

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  #2  
Old 02-28-2006, 01:09 PM
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Yep, Google is way overpriced so it is slowly coming back to where it should be. I would say that it's worth about 175 bucks at the time, seriously.

I got lucky and bought the thing when it first came out at less than a $100 a share (100 shares exactly) for around 10k. I miscalculated a bit and pulled the trigger too early and sold it at 405 instead of waiting it out a few more weeks. . Needless to say, I went from 10k to 40k in a year and a half just from this one stock. One more thing, I wouldn't recommend buying this stock at all
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  #3  
Old 02-28-2006, 01:17 PM
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Quote:
Originally Posted by kamil
Yep, Google is way overpriced so it is slowly coming back to where it should be. I would say that it's worth about 175 bucks at the time, seriously.

I got lucky and bought the thing when it first came out at less than a $100 a share (100 shares exactly) for around 10k. I miscalculated a bit and pulled the trigger too early and sold it at 405 instead of waiting it out a few more weeks. . Needless to say, I went from 10k to 40k in a year and a half just from this one stock. One more thing, I wouldn't recommend buying this stock at all

Lucky bastard! Hehe!

Buy it? No friggin way. Not me. I think you played it as perfectly as it could be played.
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  #4  
Old 02-28-2006, 01:23 PM
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I think trying to value google is just throwing darts in the dark. Yeah it's got a huge earnings multiplier but what do you compare it to? Maybe the hype has cooled since they missed their numbers (which aren't really "their" numbers because they don't play that game) but you are still talking about a company sitting on a mountain of cash that owns their sector.

I'll predict that in a year they are either at $500 or $250.
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  #5  
Old 02-28-2006, 01:23 PM
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Quote:
Originally Posted by GottaDiesel
Lucky bastard! Hehe!

Buy it? No friggin way. Not me. I think you played it as perfectly as it could be played.

I'm in the process of working on my taxes.....it's not looking pretty. (Thank God I'm a full time student though with no job)
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  #6  
Old 02-28-2006, 02:09 PM
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Quote:
Originally Posted by kamil
I'm in the process of working on my taxes.....it's not looking pretty. (Thank God I'm a full time student though with no job)

Hmmmm... A full-time student with no job, but 10K to invest in stock! Now that is the type of Student I wish I had been.
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  #7  
Old 02-28-2006, 03:07 PM
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This is a $30-$40 stock tops.
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  #8  
Old 02-28-2006, 03:10 PM
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Quote:
Originally Posted by Walrus
Hmmmm... A full-time student with no job, but 10K to invest in stock! Now that is the type of Student I wish I had been.
I have no bills what so ever since I don't exactly pay for school myself.
When I first got out of high school I worked a full time job for two years and managed to save about 90% of my income (I'm glad I did). I didn't look where you were from but 10k in New Jersey is basically nothing. My dorm room alone costs around that a year (school not included).

I always lived by this motto when trading stocks...."In order to make alot you need to put in alot." Some of my friends are retarded and buy 5 shares of this, 10 shares of that.....it's impossible to make anything when you put in a few dollars into the stock market, especially with the trade fees.

Two stocks to watch (might be too late to get in though): GGB and HW (long term investment)
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  #9  
Old 02-28-2006, 03:19 PM
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Quote:
Originally Posted by 420SEL
This is a $30-$40 stock tops.

Dam! You're really low. My heart says the same as your number, but the logic of Wall Street screams otherwise... hence my $85-$100+ range.

But you right, by simple Earnings etc. calcs. It is lucky to be in your range.
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  #10  
Old 02-28-2006, 04:21 PM
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Quote:
Originally Posted by 420SEL
This is a $30-$40 stock tops.
Book value is $32.

The company has zero debt and 8 Billion in cash. It's growing revenues at an amazing rate.

Is it overvalued? Undervalued? Compared to what? I'm saying there isn't another company like it so there is no way you can value it accurately.

$150 is the number if you say it is no better than yahoo. I think it deserves higher multipliers than yahoo. How much higher? That's why the boys at Goldman make the big bucks.
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  #11  
Old 02-28-2006, 04:35 PM
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When a stock starts making front page news that it's a hot item, that's a signal for me to back away from it.

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