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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (44007)1/6/2006 3:48:47 PM
From: ild   of 116555
 
3:44pm 01/06/06
Google at $2,000 seen as a possibility by Caris' Stahlman (GOOG) By Leslie Wines
NEW YORK (MarketWatch) - Shares of Google Inc. (GOOG) could achieve an implied value of $2,000 apiece, according to Caris & Co. analyst Mark Stahlman, who stressed that that figure is not an official price target. Stahlman also wrote in a research note that Google's long-term sales could hit $100 billion, contrasting with estimated 2006 sales of $9 billion. The analyst expects the company to find new ways to participate in the financial services and healthcare, and believes future work in those fields will power the expected sales gains.
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