Latest InsideMicrosoft Posts: InsideGoogle: Google Keeps Surging .comment-link {margin-left:.6em;}
InsideGoogle
Monday, October 25, 2004
 
Google Keeps Surging
GOOG rose another $14.97 today, closing up 9 percent to $187.40. Google's market cap is now higher than Yahoo's, reaching $50.8 billion to Yahoo's cap of $47.8 billion. Google actually needs to stop surging before it becomes so overvalued that people start selling stock. The lockup period isn't even over. Seems like investors are speculating on the future value of the company. Lets hope they hit a reasonable level and stay there, and not rise to a point above their own worth, so we can watch their bubble burst.

Comments: Post a Comment

Links to this post:

Create a Link



<< Home

Powered by Blogger

Who Reads InsideGoogle?
Cnet

The Seattle Times

Evan Williams

Most Popular Posts
A Look At Google's Secret Instant Messaging Product: Hello

New Gmail Features Include An Atom Feed

An Interview With Google's Marissa Mayer at Digital Life

Google And Microsoft: Neighbors