Warning: Don't Jump On The Google Ship [View article]
When does logic have anything to do with stock prices?
Google's stock price doesn't make any sense - and it is not the only stock that has acted like this. Look at QCOM in the late 1990's - the stock ran up ten fold in one year. Or more recently, look at CME - the stock is up even more than Google over a slightly longer time frame.
Until we get analysts to cool their comments, stocks like GOOG will continue.
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Google's stock price doesn't make any sense - and it is not the only stock that has acted like this. Look at QCOM in the late 1990's - the stock ran up ten fold in one year. Or more recently, look at CME - the stock is up even more than Google over a slightly longer time frame.
Until we get analysts to cool their comments, stocks like GOOG will continue.