Archive Blog

Archive Blog Posts

Is Google the new Bubble?

Google is now the most valuable media company surpassing Time Warner in just 10 months of trading.

Google’s share price on the Nasdaq rose another $2.18 to close at $293.12 on Tuesday, an all-time high. Stock market analysts have suggested the stock could go as high as $325 or $350 a share. -Reuters

This begs the question of, is Google the new tech bubble of 2005? According to the Reuters article, Yahoo as one of the big Internet media competitor, carries a market value some $27 billion less than Google.

Don’t get me wrong, I am a huge Google fan, but is this real? I am a HUGE CNBC fan, and many shows that I watch see Google going higher and higher.... However, it does alarm me a little. Maybe it is just because I did not jump in on the IPO auction, I could still be bitter about that!

[Read full Reuters story]

GoogleTerry Storch