Google Keeps on Truckin

Rich Tate

Supreme [H]ardness
Joined
Jun 9, 2005
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After breaking an amazing $535 dollars a share on Monday, analysts everywhere are chiming in on where Google goes from here. Most people believe we’ll see continued growth in the short term, but are concerned about the big picture.

“The general thinking here is that Google’s already large size will likely pose a significant impediment to future growth. A converse perspective, which we hold, is that Google possesses significant competitive advantages that are directly attributable to its size, in particular its computing infrastructure, and that these advantages are likely to drive a higher growth rate for a longer period of time than most investors currently anticipate,” Morrison wrote.
 
That's a nice share. But man, it's also a nice risk too.
 
Google will probably buy everyone in the world a laptop just so more people use Google. I'm sure it'd turn a profit pretty quickly. :D
 
The same analysts, were saying GOOGLE would hit $600 or $2000, when the stock frist broke the $500 mark, and then plummented down to $350...

With the market not acting well, I would hold if I owned it, I do not own GOOG at this time, but would watch it carefully and took my profit and ran, if this market decides to crash....

I would deffinatly not being buying in at this price level..
 
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