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Pastimes : Home on the range where the buffalo roam
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To: John Koligman who wrote (13743)6/15/2005 1:05:21 PM
From: Lizzie Tudor  Read Replies (1) of 13815
 
If Google gets a 300 billion valuation I'll eat my hat.

He he go out and buy an edible hat then! But remember, thats a long term call. I don't know what GOOG will do this year, or next. The trend is up, thats all I know. But I added last year at 165 or so and it sat there and churned until March when it finally took off. So you can wait a long time for GOOG to absorb his gains.

I was around when the first PC froth period busted and microsoft emerged from the rubble. People don't think that was a bad period in tech, but let me tell you, it was bad. Not as bad as this last one, but right up there. IBM to msft then, was exactly like MSFT to GOOG is now. Its uncanny, wierd even. First msft started hiring all the top IBM people. Thats already happened for Google, all the msft star engineers are there. Then you got all this buzz out of microsoft that they were working on things that you thought were "out of their league"- like excel (because initially, msft had win3.1 and that was all). Thats how GOOG is... I know the calendar/mail (outlook killer) and OS and payment processing is coming. Then one year they released it all and it was over (for IBM, then).

There's a huge number of pissed off shorts in GOOG and it creates a healthy amount of skepticism which is what we need.
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