Google is now worth $ 160 plus billion dollars. I think the highest AOL valuation ever reached was close to $ 200 billion.
Google is now worth $ 160 plus billion dollars. I think the highest AOL valuation ever reached was close to $ 200 billion. The recent Facebook private investment by Microsoft valued Facebook at $ 15 billion, less than 10 percent of Google’s present market cap. It is looking more and more like all of the public investment dollars that once went into traditional media stocks are now being parked at Google. This is an amazing ride in terms of building market cap with the stock going from $ 600 to almost $ 700 in a couple of weeks.
Ted, Google stock is roaring. Today (November 1st) it closed at $703.21 with a market cap of $219.5 Billion.
And even at that price it is only selling at 32 times next years earnings…well below its growth rate. Amazing!
Don Dodge
What goes up must come down.