Google hits $500 a pop - bit-tech.net Forums

WilHarris · 22nd Nov 2006, 10:25

http://www.bit-tech.net/news/2006/11...its_500_a_pop/

DougEdey · 22nd Nov 2006, 10:33

Whats the value of Microsoft?

TheEclypse · 22nd Nov 2006, 10:43

Quote:

What do you think are the threats to the search giant?

A plugin to firefox which hides googleads

Herbicide · 22nd Nov 2006, 10:50

Quote:

Originally Posted by DougEdey

Whats the value of Microsoft?

$29.92?

- H.

DougEdey · 22nd Nov 2006, 11:07

Overall company value I mean, I know the share price is low, but its around the same as Intels.

<A88> · 22nd Nov 2006, 11:38

Not sure about its value, but Microsoft's net income is nearly 10x that of Google. I think most of Google's growth is just stemming from expectations that they'll move on to dominate other areas as well, so whilst they might have seemingly endless money at their disposal, the only way the shareholders are going to see long-term profit is if Google starts to really break out and become more than just an internet applications developer.

<A88>

riggs · 22nd Nov 2006, 12:14

Yeah, I saw this in todays FT - that's a massive increase over the past few years. I wish I invested

ChromeX · 22nd Nov 2006, 14:06

How the hell does a search engine become much more valuable than than Intel, Hewlett Packard and Coke?! Sure, they have a few ads on site's and stuff but not enough to justify a $500 share price!

DXR_13KE · 22nd Nov 2006, 18:39

bigger than Coke..... HOLLY CRAB!!!!!
GOOGLE IS HUGE!!!!!!!

cpemma · 22nd Nov 2006, 19:34

Quote:

Originally Posted by DougEdey

Whats the value of Microsoft?

Code:

	
20 Largest US Companies By Market Capitalization
as of close on 11/17/06
Company             Market Cap      
                  ($ in billions)

Exxon Mobil           426.24

General Electric      374.22

Microsoft Corp.       289.02

Citigroup             251.15

Bank of America       246.31

Procter & Gamble      202.36

Wal-Mart Stores       198.03

Pfizer Inc.           196.2

Johnson & Johnson     194.95

American Int'l Group  187.24

Altria                177.96

JPMorgan Chase        165.45

Berkshire Hathaway    164.69

Cisco Systems         163.47

Google                152.71

Chevron               150.64

IBM                   141.31

AT&T                  127.58

Intel Corp.           127.47

Wells Fargo           122.45

But if you'd bought MS shares 5 years ago you'd have lost money.

Cthippo · 22nd Nov 2006, 21:18

Quote:

Originally Posted by ChromeX

How the hell does a search engine become much more valuable than than Intel, Hewlett Packard and Coke?! Sure, they have a few ads on site's and stuff but not enough to justify a $500 share price!

The same way that Amazon, which has only now become profitable has a larger value than most companies. Same way AOL could buy one of the largest media companies a few years ago. In the modern stock market the value of a company is not what it makes, but what people think it will be worth down the road.

mattthegamer463 · 22nd Nov 2006, 21:41

Threats to Google? Owning the world will slow their stock value increase substantially.

Aankhen · 22nd Nov 2006, 22:32

All I have to say is: that's crazy.

Cthippo · 22nd Nov 2006, 23:40

Quote:

Originally Posted by Aankhen

All I have to say is: that's crazy.

Not so much. Google has made a decision not to split their stock to keep in more affordable as the company's value has grown. Most compies will split their stock to keep the price in the mainstream range ($50-150 or so). MS stock used to split every 6 months pretty regularly. Not sure what the reason for this move by Google is, but knowing them I'll give them the benefit of the doubt.

Aankhen · 23rd Nov 2006, 17:09

Quote:

Originally Posted by Cthippo

Not so much. Google has made a decision not to split their stock to keep in more affordable as the company's value has grown.

Well, I was mostly saying it's crazy that Google is as valuable or more valuable than Intel, HP and Coke.

sinizterguy · 24th Nov 2006, 09:25

I knew I should have bought the damn shares when they were $350 each.

22nd Nov 2006, 10:25	#1
WilHarris Just another nobody Join Date: Jun 2001 Location: Oxford Posts: 2,671	Google hits $500 a pop http://www.bit-tech.net/news/2006/11...its_500_a_pop/

22nd Nov 2006, 10:33	#2
DougEdey I pwn all your storage Join Date: Jul 2005 Location: Southampton Posts: 13,933	Whats the value of Microsoft? __________________ Burnout: Paradise Stats!XBL: DougEdey Bindi PSN ID: DougEdey Twitter

22nd Nov 2006, 11:07	#5
DougEdey I pwn all your storage Join Date: Jul 2005 Location: Southampton Posts: 13,933	Overall company value I mean, I know the share price is low, but its around the same as Intels. __________________ Burnout: Paradise Stats!XBL: DougEdey Bindi PSN ID: DougEdey Twitter

22nd Nov 2006, 11:38	#6
<A88> Trust the Computer Join Date: Jan 2004 Location: Bournemouth Posts: 4,797	Not sure about its value, but Microsoft's net income is nearly 10x that of Google. I think most of Google's growth is just stemming from expectations that they'll move on to dominate other areas as well, so whilst they might have seemingly endless money at their disposal, the only way the shareholders are going to see long-term profit is if Google starts to really break out and become more than just an internet applications developer. <A88> __________________ TheCounterfit.co.uk Twitter Facebook Last.fm Flickr! FriendFeed

22nd Nov 2006, 12:14	#7
riggs ^_^ Join Date: Jul 2002 Location: Lincs. Posts: 1,643	Yeah, I saw this in todays FT - that's a massive increase over the past few years. I wish I invested __________________ Hell hath no fury like a hippo with a machine gun PSN ID: buster2006

22nd Nov 2006, 14:06	#8
ChromeX Ultramodder Join Date: Aug 2004 Posts: 1,364	How the hell does a search engine become much more valuable than than Intel, Hewlett Packard and Coke?! Sure, they have a few ads on site's and stuff but not enough to justify a $500 share price! __________________ 3Ghz P4E, asus P4C800E-deluxe, 2GB OCZ (2x1024), Sapphire HD 3850, SB audigy 2 zs

22nd Nov 2006, 18:39	#9
DXR_13KE Madeira's banana is the best!!! Join Date: Sep 2005 Location: Madeira ; Portugal Posts: 6,466	bigger than Coke..... HOLLY CRAB!!!!! GOOGLE IS HUGE!!!!!!! __________________ *Renegade X - 0.40 Release!* <---- CLICK!

22nd Nov 2006, 21:41	#12
mattthegamer463 Mod Master Join Date: Nov 2004 Location: Canada Posts: 2,805	Threats to Google? Owning the world will slow their stock value increase substantially. __________________ Latest Work: Boombox Build Project PCB- Complete Digital Picture Frame 2.0- Complete RumbleMouse - Complete Latest Project: TestPC- Complete Lian-Li PC7: C2D E6600, XFX 8800GTS 640MB, Corsair 2GB PC6400, 320GB Seagate Barracuda, EVGA 680i SLi, OCZ 850W

22nd Nov 2006, 22:32	#13
Aankhen Supermodder Join Date: Oct 2005 Location: India Posts: 406	All I have to say is: that's crazy. __________________ It sure took me a long time to realize I hadn't changed my forum settings since returning from Canadia-land.

24th Nov 2006, 09:25	#16
sinizterguy Dark & Sinizter Join Date: Jul 2002 Location: London, UK Posts: 5,462	I knew I should have bought the damn shares when they were $350 each. __________________ Nothing here. Go away and dont bother me.