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Tuesday, January 10, 2006
Let Good Sense Prevail
Ticketsense writes that recently, Mark Stahlman of Caris & Co. set a price target of $2,000 per share on Google. With the direction of the stock lately, anything seems possible, but when you look at the size of Google at $2,000 a share, it looks a little more ridiculous. Stahlman, the investment banker wrote the prospectus that brought America Online public, stresses that he believes that the excitement over Google is different than the hype he saw during the Internet bubble of the late 1990s & believes that broadband, grid computing. Currently, the largest company in the world is General Electric with a market cap of $375 billion. At $2,000 a share, Google would have a market cap of $591.5 billion. The case rests - Let good sense prevail.
|Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld