Comments on: Google At $575? http://www.consumerismcommentary.com/2005/12/22/google-at-575/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Retireat30 http://www.consumerismcommentary.com/2005/12/22/google-at-575/#comment-1370 Retireat30 Fri, 23 Dec 2005 07:48:36 +0000 http://wp.consumerismcommentary.com/?p=716#comment-1370 It was initially valued at $100 before internet advetising became the next greatest thing. Internet advertising (which google is currently dominating) is projected to be a $65 billion industry <a href="http://www.marketwatch.com/news/story.asp?dist=rss&param=archive&siteid=mktw&guid=%7BE36EDC19%2DCF6C%2D4667%2D836E%2D6442B319D0C6%7D" rel="nofollow">within 5 years</a>. This isn't an inconsistency on wallstreets part, nobody knew how big internet advertising was going to be or how quickly google was going to come to dominate the market. The only reservation I have about the stock, is nobody knows how soon google is going to be usurped by two grad students at some technical college. They do have the coordination effect of millions of advertisers and publishers working as a slight barrier to entry, but I'm not convinced that they are invincible. It was initially valued at $100 before internet advetising became the next greatest thing. Internet advertising (which google is currently dominating) is projected to be a $65 billion industry within 5 years.

This isn’t an inconsistency on wallstreets part, nobody knew how big internet advertising was going to be or how quickly google was going to come to dominate the market.

The only reservation I have about the stock, is nobody knows how soon google is going to be usurped by two grad students at some technical college. They do have the coordination effect of millions of advertisers and publishers working as a slight barrier to entry, but I’m not convinced that they are invincible.

]]> By: mbhunter http://www.consumerismcommentary.com/2005/12/22/google-at-575/#comment-1369 mbhunter Fri, 23 Dec 2005 06:37:55 +0000 http://wp.consumerismcommentary.com/?p=716#comment-1369 If it goes that high, I'm buying puts! If it goes that high, I’m buying puts!

]]> By: Flexo http://www.consumerismcommentary.com/2005/12/22/google-at-575/#comment-1368 Flexo Fri, 23 Dec 2005 00:05:33 +0000 http://wp.consumerismcommentary.com/?p=716#comment-1368 Wall Street was a little bitter about the way Google was executing its IPO, so analysts' opinions may have been a little tinged (though I'm sure they would tell you that's not true). <a href="http://www.nydailynews.com/business/story/223358p-191907c.html" rel="nofollow">Here's an old valuation pre-IPO.</a> Wall Street was a little bitter about the way Google was executing its IPO, so analysts’ opinions may have been a little tinged (though I’m sure they would tell you that’s not true). Here’s an old valuation pre-IPO.

]]> By: Doobie http://www.consumerismcommentary.com/2005/12/22/google-at-575/#comment-1367 Doobie Thu, 22 Dec 2005 23:17:53 +0000 http://wp.consumerismcommentary.com/?p=716#comment-1367 Didn't this initially list at $100, a price at which the experts immeidately deemed overpriced? Didn’t this initially list at $100, a price at which the experts immeidately deemed overpriced?

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