Here comes another bubble

You are watching youtube arent you?
Webvan was a good example of a startup that deserved to have gone bankrupt.
Today Safeway has adapted the Webvan model and it appears to be a successful addition to their business.They didnt need to start an entire grocery chain just to add web delivery.
I dont see the major tech companies of today , being as ill conceived as Webvan was.
Also,I think Greenspan purposely caused the tech crash by raising interest rates .Otherwise Webvan might still be around losing money.

 

Google has a wonderful business model. The fact that they are making huge profits with no sign of slowing down proves that. Are they worth $700+ a share? No effin' way. Somebody is partying like it's 1999.

 

$700 per share, so what.
How many times has the stock split since its IPO????
Oh yeah, ZERO.

 

I have heard a lot of "talks" about shorting them at $400/share.
I dared all of them to. I wonder where they are right now, financially....

 

Bubble?
Yeah, look at all those "bubbles" Google has suffered through.

 

A multi billion company that basicly only exists in cyberspace ... can you spell musical chairs? . . . bid on.

 

Sounds like someone here owns google stock. If it were 7000 a share would it be too expensive? How about 70,000 a share? Do you apply any mathematical valuation or do you just say "hey! everyone uses google, I use google. Keep buying the stock."

 

Share price isn't meaningless without knowing the market capitalization.

Absolutely not (as long as the market capitalization was less than $188 billion).

Absolutely not (as long as the market capitalization was less than $188 billion).


On the other hand, $30 per share would be a ridiculously high price right now if the market capitalization were $376 billion!

 

oh really?? i guess building a worldwide network of server farms worth billions means nothing?

 

For people who know what they're doing, you're absolutely right.

Unfortunately, the market is now run by people who have no freakin' idea what they're doing, they're just taking advice from anonymous spam sent to them.

Also, a large percentage of the market is owned by "little people". Say they have 10,000 to play in the Market, if companies This and That are both doing pretty well, but This is 100 a share and That is 500 a share, they'd rather buy 100 shares of This rather than "only" 20 shares of That. Market Value and Price to Earnings don't enter into the equation at all.

 

"A multi billion company that basicly only exists in cyberspace ... can you spell musical chairs? . . . bid on."

You have no idea how huge Google's ad bidding busines is.
First off, I don't own Google stock.
But I am a customer of Google. I spend over $2000.00 per month bidding on search terms and it has been HUGELY successful. I bid on Yahoo as well, yet every prospective customer answers "google" when I ask how they found us. Web marketing saved the business I manage and we appear to be on pace to double in sales.

 

Those who invest in the stock market short term have a very narrow view
and tend to be the ones who have short term 'careers' 'investing' in the stock market.