GigaOM

Google Pack Installer/Updater

It promises to be an updater too, so you wont have to worry about updating to newer versions of Google Goodies when they are out. It is clean and to the point. Like that.

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[...] Search engines are very serious about the mobile industry, and Google is at the head of the pack. Those insane stock price projections may not be so far off. [...]

[...] Andy Kessler, who made his bones with Wall Street Meat, a book that skewered people being welcomed back by John Battelle sums up the current silliness around Google’s price targets in his latest post…. Ah, price targets are back in fashion. And stupid investors will fall for them again. It’s what we do on Wall Street while we wait for real news. Analyst Safa Rashtchy at Piper Jaffray made a splash with a $600 target on Google. Not to be outdone, an old competitor of mine, Mark Stahlman (is he still at it?) now at Caris & Co., declared Google will hit $2000, or about a $650 billion market cap. Yeah, maybe. [...]

[...] English at 2006-01-12 15:22 Categories: Technology, People, History, Politics (world) TRACKBACK Trackback Andy Kessler, who made his bones with Wall Street Meat, a book that skewered people beingwelcomed back by John Battelle sums up the current silliness around Google’s price targets in his latest post…. Ah, price targets are back in fashion. And stupid investors will fall for them again. It’s what we do on Wall Street while we wait for real news. Analyst Safa Rashtchy at Piper Jaffray made a splash with a $600 target on Google. Not to be outdone, an old competitor of mine, Mark Stahlman (is he still at it?) now at Caris & Co., declared Google will hit $2000, or about a $650 billion market cap. Yeah, maybe. [...]

[...] I tend to agree with him. Google stock has increased around 300% since it’s IPO in August 2004. The last few weeks it has been interesting to watch the stock, as it hit a high of around US$475, and now today has slowly dropped back to around US$444. With some analysts predicting $2000 a share, all this speculation seems to be getting a little out of hand, and slightly reminiscent of 1999. [...]

Heck, what do mere Wall St. analysts know. I will out raise them all. My price target for Google is ONE GOOGOL (1.0×10^100). Ironic, eh?

i don’t think we can top that…. can we.

Sure $2000 or whatever, but what is the rational behind arriving at that figure ? The only one I can think of is $20 EPS which is achievable if they grow at 100% over the next two years.

In 100 years time, we will look back on Google as we do now on the great Tulip Bubble and Ponzi Pyramid Scheme.

At 2000 the market cap would be 592 billion dollars, that’s almost as much as the GDP of Australia.

(link)

Somebody buy them some PowerBooks.

There is no reason why a product cannot be successful simply because company founders reckon they would like to buy it themselves: it’s worked fairly well for Steve Jobs at Apple.

However, I agree that Google’s founders might have to try a bit harder than a software bundle to up the numbers - and the share price - by any significant amount. That is unless we just slipped back 10 years time and everyone forgot to tell me it’s 1996 all over again.

The Google price is an expression of the future. If U beleive in the future buy. If you believe in the past lose.

I like the Google Pack updater. It reminds me of “apt-get” for Windows. It’s something that Microsoft should have built into the OS from day 1.