Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 02-28-2006, 12:53 PM
GottaDiesel's Avatar
Banned
 
Join Date: Sep 2003
Location: New Jersey
Posts: 1,564
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?

Reply With Quote
  #2  
Old 02-28-2006, 01:09 PM
kamil's Avatar
Rutgers University
 
Join Date: Feb 2004
Location: North Jersey
Posts: 1,310
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
Reply With Quote
  #3  
Old 02-28-2006, 01:17 PM
GottaDiesel's Avatar
Banned
 
Join Date: Sep 2003
Location: New Jersey
Posts: 1,564
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.
Reply With Quote
  #4  
Old 02-28-2006, 01:23 PM
Banned
 
Join Date: Dec 2003
Posts: 1,449
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.
Reply With Quote
  #5  
Old 02-28-2006, 01:23 PM
kamil's Avatar
Rutgers University
 
Join Date: Feb 2004
Location: North Jersey
Posts: 1,310
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)
Reply With Quote
  #6  
Old 02-28-2006, 02:09 PM
Walrus's Avatar
Registered User
 
Join Date: Sep 2004
Location: NE Alabama
Posts: 551
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.
__________________
RM Smith
1988 560SL

"Where is it again that we are going, and why are we in this handbasket"?
Reply With Quote
  #7  
Old 02-28-2006, 03:07 PM
Registered User
 
Join Date: Jul 2000
Location: Toronto, CANADA
Posts: 1,193
This is a $30-$40 stock tops.
__________________
Jason Priest
1999 E430
1995 E420 - retired
1986 420SEL - retired
Reply With Quote
  #8  
Old 02-28-2006, 03:10 PM
kamil's Avatar
Rutgers University
 
Join Date: Feb 2004
Location: North Jersey
Posts: 1,310
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)
Reply With Quote
  #9  
Old 02-28-2006, 03:19 PM
GottaDiesel's Avatar
Banned
 
Join Date: Sep 2003
Location: New Jersey
Posts: 1,564
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.
Reply With Quote
  #10  
Old 02-28-2006, 04:21 PM
Banned
 
Join Date: Dec 2003
Posts: 1,449
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.
Reply With Quote
  #11  
Old 02-28-2006, 04:35 PM
I told you so!
 
Join Date: Jun 2002
Location: Motor City, MI
Posts: 2,833
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.

__________________
95 E320 Cabriolet, 153K
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 05:55 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2018 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page