$403.45, Thats how much Google share has climbed up for now. This raises its market cap to a whooping 111.76B, making it more valuable than longtimers like Coca-cola, Walt disney and Cisco systems.From a debut at $85, 15 months ago, Google's shares have gone up pretty rapidly at a frentic rate ( 1.1% per month). Google also joins a select club of five other stocks that trade above $400 a share: Berkshire Hathaway, NVR, Seaboard, Washington Post and White Mountains.There are predictions by wall street analysts that the shares might go upto $450. The company has a 48 price-earnings ratio based on expected 2006 earnings.
Whats your prediction? and do you think Google is worth it?
1 comment:
i will just watch this from outside and use google products :-) without getting into shares and predictions
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