Google Share Price Passes $400 Mark

By Nate Mook | Published November 17, 2005, 11:58 AM

Boasting a $112 billion market capitalization that now almost doubles Yahoo, Google stock on Thursday surged past the $400 a share for the first time. In the past four weeks, Google shares have shot up over $100, with talk that $500 could be within reach before long.

Google rolled out Google Base Wednesday, which allows users to upload any type of content to the search engine's Web site to be categorized and searched. On Thursday, the company said it was opening offices in Sao Paulo, Brazil and Mexico City in an effort to extend its Latin American reach. Google previously had a research center in Brazil through its acquisition of Akwan in July.

Comments

Google is the best!!

Should have bought them during the IPO for 1000 shares!!

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delete multiple.

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delete multiple.

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Doesn't anyone worry about Google collecting all of this information? I mean people think that Microsoft is spying on them, come on, Google's telling you they are, and we love it! Don't get me wrong, I use google everyday cause it has great results, but they are talking about online payments, OS's (well, maybe not google, but some people are), etc. That's scary. Doesn't anyone worry about one company holding all of the world's information?

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We have to trust somebody at some point-- or our quality of life will suck immensely...
Somebody has to/will grow up to be the biggest kid on the block-- can't think of a better candidate.
Yes, things can always change: Google can become a Demon, or some Demon can raid Google-- we'll deal w/ any eventuality as/IF it comes & not ruin our lives trying to avoid what may not happen.
Anyhow, if the data is instead spread out among more companies, then we have that risk & trust dilemma multiplied x times... is our gold safer or more at risk in one place at Ft.Knox, as opposed to spread out in each state?

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All you Google bashers are only hurting yourselves by not jumping on the bandwagon, staying poor while the price soars-- the potential price is better than even Warren Buffett co's five/six figures.
Mark my words: in the coming months / years we're going to read here the same tired 'devil/overpriced/now the price has to drop' critiques from the same tired posters over & over as the price keeps hitting higher & higher targets.
And this is not the worst part-- a lot of them will lose even more money. How, might you ask? Many bashers will secretly give in and hedge by buying some stock, only to sell it at a loss at the first temporary downswing just hours / day or two later-- then come in here and start crowing to all,"see how your advice to buy Google makes folks lose money?!"
Some people are destined to just never get it, dooming themselves to failure.
But it's never too late: Ask yourself if you're in this group & rectify things by purchasing & holding Google now AND re-investing all gains for the duration-- & you'll enjoy in your retirement all the niceties you pine for now! Don't think, just do it!

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Google's going to need all of that money just to maintain the slew of godforsaken AJAX applications they're developing.

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It's gonna suck when Google stock drops to $24 a share and you realize you just lost your @ss.

LOL.

Oh yeah.....

Google is the Devil. :-D

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Nah...just gotta wait then until GoogleOS comes out. Then it'll jump right back up.

:P

I'm confused now..I though Google was Cthulu...or was that Microsoft? And who's the lesser of the two evil's here? I mean, Cthulu is the root of *all* evil, right?

I almost voted hor him in the last election, ya know. I mean, why chose between the lesser of two evils when you can write-in for the Greatest of All Evils, right?

I need a new hobby... I hear quilting is fun.

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ServerMechanic remove that spanner from your brain.Google wil go up to $1000. LOL
.Microsoft is the DEVIL

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Soon the time will be ripe (with the appropriate partner) to buy Microsoft. You Microsoftphiles who write to betanews lauding your favorite company may laugh but you forget, not so long ago it also was a start-up company and it's stock never approached $500 in one year. So beware of the barbarians lurking in the shadows

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I am surprised this hasn't split yet...

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keyword "yet", right?

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and i thought it was overpriced at 200 ... ha.

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Go Go Google. BTW, if the launch of Base was OK, the launch of Analytics was a failure (in a technical point of view).
--
How can I set a sig?

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