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#11
06-03-2005, 02:24 PM
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Re: Google.
[ QUOTE ]
I told my dad to buy it and he's f-ing thrilled!!! I'm really getting into stocks now. I plan on becoming a stock trader. [/ QUOTE ] What reasons did you give when you told your dad to buy it? 
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#12
06-03-2005, 05:06 PM
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Re: Google.
[ QUOTE ]
[ QUOTE ] I told my dad to buy it and he's f-ing thrilled!!! I'm really getting into stocks now. I plan on becoming a stock trader. [/ QUOTE ] What reasons did you give when you told your dad to buy it? [/ QUOTE ] Volume precedes movement and a plethora of other reasons; so much so I don't even want to go into details because I'm afraid my fingers are going to fall off my hands typing all the information.
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#14
06-05-2005, 02:57 AM
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Re: Google.
A lot of trading activity (volume) comes before movement (the stock going up or down).
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#15
06-05-2005, 01:40 PM
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Re: Google.
Since i'm a long term investor i would probably disagree. others most likely will agree but its book value is no where near its trading value. Extremely overvalued in that sense and i think it'll level off after a few years. Wut do u guys think?
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#16
06-05-2005, 02:48 PM
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Re: Google.
The $300 price has no meaning.
GOOG is exactly like any stock... That runs up from $20 to $30. At $300 GOOG trades for about 40-45 times next years earnings... Cheaper than EBAY or YHOO... With MUCH more upside. Why the upside? It's something few people understand. Google is not a "search company". Google is a "custom-built supercomputer" with proprietary operating system... With ** by far ** the world's cheapest storage and computer power... That is being leveraged for profit by the smartest hackers in the world. Go back and re-read the previous statement. The key words are "cheapest" and "smartest hackers". Click to Read "The Secret Source of Google's Power" Click to Read "GooOS - The Google Operating System" Google's long-term plan... Is to take the desktop away from Windows and MSFT. Someday soon... Your average person will no longer need a computer, hard drive, Windows, MS Office, etc Just a simple "browser appliance"... That will log into Google's supercomputer... Your mail, word processing, 90% of what you need... Will be sitting there perfectly safe and sound. Hardcore techies, business will still buy computers... But not 6 billion average people. GOOG will give them everything for FREE. That's why GOOG may actually be worth $3000/share... Because it's not about "search"... They are engineering a historic "paradigm shift"... In the way people interact with computers. rm+ [img]/images/graemlins/cool.gif[/img] [img]/images/graemlins/cool.gif[/img] [img]/images/graemlins/cool.gif[/img]
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#17
06-05-2005, 04:04 PM
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Re: Google.
I'm not trying to give you a hard time, but you've got to get away from this book value thing. It's not that important of a figure.
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#18
06-05-2005, 10:25 PM
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Re: Google.
The only reason why i mention it soo much is because i'm a follower of warren buffet. That's all
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#19
06-05-2005, 10:25 PM
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Re: Google.
It's all about long term investing for me cuz i'm 15
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#20
06-05-2005, 10:41 PM
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Re: Google.
I think you're misunderstanding Buffett's methodology. I've read books about his investment approach too. I don't recall book value ever being mentioned. As I've said before, his approach to determining value is primarily centered aroung what he calls "owner earnings."
net income + depreciation - capital expenditures this is also known as free cash flow If picking good stocks were as simple as looking at 2 figures, the book value and the trading value, then you could teach anyone in under 2 minutes how to make as much money as Warren Buffett. You're over-simplifying it.
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