Thought Exchange

Tagged: GOOG RSS

• Pete 2:48 PM on September 27, 2010 Permalink
  Tags: GOOG, Sentiment ( 84 )   

  Cody Willard says Google’s going to $2000 per share 

  Marketwatch.com reporting:

  Just three short weeks ago, on Aug. 31 as Google was trading at $450 a share, I wrote in my Revolution Investing newsletter, “my single favorite trading idea for now into year’s end is simply buying Google calls with a $500 strike price that will expire sometime in 2011. Google’s set to explode as earnings leverage increases, as its search takes yet more market share, and as mobile ads and Google TV and more come together for the company.”

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  But guess what? I already told you that I think Apple can get to $1000 by 2015 (and to $350 a share by the end of the year too, which I still think will happen). Well, I also think that Google’s going to get to $2000 by 2020. Yes, I’m serious with these bubble-esque type price targets. Here’s why.

  I did point out his prediction of AAPL going to $1,000.

  Now he gives his thoughts of why Google will be hitting $2,000 by 2020. I guess we can check back in 10 years if he is right about this.

   

• Pete 2:00 PM on July 28, 2010 Permalink
  Tags: GOOG   

  Do we really need another Facebook? Google says YES 

  WSJ reporting:

  Google Inc. is in talks with several makers of popular online games as it seeks to develop a broader social-networking service that could compete with Facebook Inc., according to people familiar with the matter.

  Many users now rely on their friends on Facebook—not just Google—to discover content and products they can purchase on the Internet. And much of the content generated by users on Facebook is generally kept out of view of Google’s search engine.

  Over the past year, several former Google executives who ran the company’s core advertising business left to work for Facebook. Facebook, now with over 500 million users, sells advertising on its own site. But speculation is growing that it could launch an advertising network across other sites, rivaling Google’s ad network AdSense.

  First time we are seeing Google scrambling not to lose a piece of the online advertising pie.