Google Mania
Published October 25, 2004
The Google stock buyers are all gaga about what to do with the media monster. For fun (not because I own the stock, although I might decide to dip in, once a clear direction forms) I have been watching Google (GOOG) since its IPO release and studying the message boards at Yahoo, MSN, and Clear Station. All I can say is, people are all over the map on this one. There are Stong Buy recommendations and Strong Sell recommendations. There are those who keep reminding us that Google has no portal and no browser, that Barron's wrote a negative outlook article on them, that Yahoo just bought another company and is becoming more competitive. One poster was even calling for Attorney General Spitzer to investigate for fraud and listed the handles of a bunch of other posters he/she considered to be "pumping" Google stock.
Then there are those who say Goog will go to 250 easily and 500 eventually. It's hard to know who to believe which is why, for now, it's best for amateurs like me to stay on the sideline.
- Google Mania
- Published: October 25, 2004
- Type:
- Section: Culture
- Writer: Kiersten Marek
- Kiersten Marek's BC Writer page
- Kiersten Marek's personal site
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