Google's Stock Tops $600 for First Time

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Is it just me or does $600 sound like a lot for a single share (in any company)? To put it in perspective, $12,000 would have bought you 141 stocks when the company went public, now you can get 20 for the same price.

The Mountain View-based company's shares traded as high as $601.45 before slipping back to $597.13 in morning trading. It marked the sixth time in the past 12 trading sessions that the stock has reached a new peak climbing on the lofty expectations for Google's third-quarter earnings. The results are scheduled to be released Oct. 18.
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If you want to talk about "expensive" stocks, based upon share price - there are others that are far higher than Google. I'd rather own this one, too...

http://www.berkshirehathaway.com/

BRK.A (BERKSHIRE HATH HLD A)
120800.00 -300.01 (-0.25%) Oct 8 10:40am ET
Open: 121000.00 Volume: 100
High: 121500.01 Avg Vol: N/A
Low: 120800.00 Mkt Cap: 186.91B

NYSE data delayed by 20 minutes - Disclaimer
 
I'm sure if GOOG split 10:1 nobody would be saying anything about it's price, yet it would be worth exactly the same
 
clement said:
I'm sure if GOOG split 10:1 nobody would be saying anything about it's price, yet it would be worth exactly the same
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Split? Berkshire has never split, so the two are comparable today in terms of "splits" today. The Market Capitalization is extremely similar too. Google has had the faster run up, obviiously, but Berkshire has a long history of success.

I'm no stock analyst, but I like BRK.A better...
 
I own some. Purchased 1 share in Jan. 2006 for $448.
Speaking of stocks, I purchased some Nvidia back in Aug. 2002 and it has gone up 750%
 
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