Sunday, June 12, 2005

GOOG: Summary for GOOGLE Stock.

Has anybody paid any attention to Google's stock lately? It is at an all time high. Last Trade was 282.50. Google opened last year at $135 a share.

Not too freaking bad for a company that started in i believe was 96.

Reuters said in an article back last year prior to going public...
"Google Inc., the world's No. 1 Web search provider, said on Monday its highly anticipated initial public offer could be worth as much as $3.3 billion as it prices its stock in a range that could value the company at more than $36 billion.
Investors were startled by a price range of up to $135 per share. That would give Google a valuation, on the basis of its price to 2003 earnings ratio of 329, more than twice that of its closest competitor, Yahoo Inc."


And this guy has way too much time on his hands... A google fan club? Hey, what ever works I guess...
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