Google nears $700 a share
Google at $700 a share may seem too expensive, but it isn’t. Google and facebook will dominate all aspects on online and offline media, and the eventual transfer and exchange of all information on planet earth though all mediums. The potnetial for growth is staggering. Google will have a market cap of 2-4 trillion in the not so distant future after putting Yahoo, Microsoft, Ebay, Amazon, Viacom, time warner, and other internet and media companies out of business. (the process of which google will render these companies defunt is complicated and will be reserved for a later article. But one only needs to compare the stock charts for Yahoo and Google to see yahoo’s and microsoft’s inevitable fate). Also, the government wont step in unlike the case with microsoft and try to break up the monopoly.
With a market cap of 2 trillion google will be trading at $7000 a share, which is still a 900% profit. As you can see, that leaves a lot of opportunities to make money buying GOOG now at $700 a share.
The best move google could make at this point is to buy Facebook for $30 billion worth of stock and cash or buyout BIDU. Buying out facebook would pretty much seal google’s total domination of the internet since Facebook probably poses the greatest threat to google if anything does.
Youtube was purchased for 1.6 billion last year and now it is easily worth 10-15 billion.
$30 billion may seem like a lot but when you consider that goog has a market cap of 200+ billion it isn’t much.
The staggering rise of google, amazon.com, bidu, and the stock market overall coincides with the transition to a type 1 civilization within the next 50 years, at which point the goals of The Creators will be nearly fulfilled.
2 Responses to “Google nears $700 a share”
Comment from SA reader
Time May 17, 2009 at 3:38 am
We at SA are all very interested, who is NED, and who is Cetin?
Write a comment
You need to login to post comments!
Comment from Jackety Rackety
Time November 1, 2007 at 9:35 am
This post gets scary at the end. I wonder how much of this post you really believe. If you believe all of it, right up to google being worth $7,000 a share one day (not possible because they will split it before that happens. Google has no class B shares. That won’t last for long as it shoots up) then it seems there’s no reason for you to do anything but invest in google. No website you make will have that ROI unless you make the next facebook. Instead of investing in websites, you should just close all your sites and pour money into google shares.