Google Shares Jump On Profit Rise

24 Oct, 2005 at 7:23pm ET Article published in Tech

Comments

1. 
   24 Oct 2005 ~ 8:37pm Leonardo OK, it definitely is an attractive company, but can you say "DotCom Bubble"? Of course, it would be nice to already own shares at that price. I just can't see buying at that price.
2. 
   24 Oct 2005 ~ 11:26pm djstubbs Anyone who had shares last week would have raked in quite a hefty sum after those financial earnings were disclosed.
   
   GOOG ftw
3. 
   24 Oct 2005 ~ 11:31pm Leonardo Sure - it's the "coulda, woulda, shoulda" syndrome... that we all experience from time to time. I'm just not bold enough to speculate on single issues of any type.
4. 
   25 Oct 2005 ~ 9:19am GHoosdum Judging by GOOG's EPS as of last week, I would not have done a 'buy' if my life depended on it, unless I was a gambling man. I would have made the wrong bet, but everything in my Finance education screams at me that GOOG is a strong sell right now, and has been for quite a while. Like Leo says, it seems like a bubble - I think Google's share price is artificially inflated due to perception, and with Microsoft doing everything they can to erode Google's markets, I would think that those perceptions are going to change for the worse pretty soon. I'm not saying that I think Google is in danger as a company, but I think their share price is in danger.
5. 
   25 Oct 2005 ~ 10:18am DoctorGeo2008 Short sell!!!
6. 
   25 Oct 2005 ~ 10:24am GHoosdum My above opinion was definitely not meant as financial advice for anyone who holds Google shares, I don't hold any shares myself, nor do I take responsibility for any losses incurred by anyone who does any trading based upon my opinion. I will, however, accept any accolades you care to bestow if I turn out to be right.
7. 
   25 Oct 2005 ~ 11:04am DoctorGeo2008

   GHoosdum wrote:

   My above opinion was definitely not meant as financial advice for anyone who holds Google shares, I don't hold any shares myself, nor do I take responsibility for any losses incurred by anyone who does any trading based upon my opinion. I will, however, accept any accolades you care to bestow if I turn out to be right.

   
   
   Me too.
8. 
   25 Oct 2005 ~ 11:05am Leonardo Oh, I know you weren't giving financial advice.
9. 
   25 Oct 2005 ~ 11:36pm danball1976 I purchased $12 worth of Google shares, and after less than a month they are now worth $13.11.
   
   I have a Sharebuilder account and I also invest in:
   AMD
   Chevron/Texaco
   Lowe's Home Improvement Stores.
10. 
    25 Oct 2005 ~ 11:52pm Leonardo Great, Danball! Glad to see you are looking out for your future. I highly recommend you diversify. You know, the all eggs (or too few) eggs in one basket. Your upside potential is super - market rises, you look great. Your downside potential is equally spicey - market fall could clean you out. For your own security, have more stock issues, or look into broad, market-indexed (S&P 500, Wilshire 4000, et cetera) mutual funds.
11. 
    26 Oct 2005 ~ 12:06am danball1976 Aren't I diversified?
    
    I have a internet/communications stock, a technology stock, a oil and gas stock, and a retail sector stock.
12. 
    26 Oct 2005 ~ 12:55am Leonardo It's better than all banks, or all tech, or all department stores. It's still though, large capitalized firms. What I'm getting at, you need to have a plan that insulates you better. You see, even if just one of your issues goes really sour, you've lost potentially 25% of your portfolio's value. If you had 20 different stocks, one company could go completely bankrupt and you'd be only down a theoretical 5%. If you held a mutual fund based on the S&P 500 Index, or the Wilshire 5000 (500 and 5000 companies, respectively), your portfolio value is less and less vulnerable to the foibles of any given company. You are spreading out your risk.
    
    Dan, you ARE on your way to success because you apparently are planning for the future. (Those who fail to plan, plan to fail.) Get some books from the library on the fundamentals of investing. Learn about risk tolerance, diversification, mutual funds, large capitalized stocks, small caps, et cetera. It's not difficult reading. Most of the big investment companies, especially the large mutual fund companies, have good investor/consumer education and tutorials online. Both Vanguard and Fidelity have accurate, easy to read material online.
    
    Edit: Other terms and principles to become familiar with: dollar cost averaging, investment goals, long term/short term investing, growth vs. income, balanced
13. 
    26 Oct 2005 ~ 10:17am GHoosdum

    Leonardo wrote:

    It's better than all banks, or all tech, or all department stores. It's still though, large capitalized firms. What I'm getting at, you need to have a plan that insulates you better. You see, even if just one of your issues goes really sour, you've lost potentially 25% of your portfolio's value. If you had 20 different stocks, one company could go completely bankrupt and you'd be only down a theoretical 5%. If you held a mutual fund based on the S&P 500 Index, or the Wilshire 5000 (500 and 5000 companies, respectively), your portfolio value is less and less vulnerable to the foibles of any given company. You are spreading out your risk.
    
    Dan, you ARE on your way to success because you apparently are planning for the future. (Those who fail to plan, plan to fail.) Get some books from the library on the fundamentals of investing. Learn about risk tolerance, diversification, mutual funds, large capitalized stocks, small caps, et cetera. It's not difficult reading. Most of the big investment companies, especially the large mutual fund companies, have good investor/consumer education and tutorials online. Both Vanguard and Fidelity have accurate, easy to read material online.
    
    Edit: Other terms and principles to become familiar with: dollar cost averaging, investment goals, long term/short term investing, growth vs. income, balanced

    
    Great advice, Leo.