Google Valued at 80.82 Billion

Yahoo! ^

[Asphalt]

According to Yahoo Finances, and the Drudge Report, a search engine is now worth more than TimeWarner. Something seems fishy.

[Sonny M]

I've got alot of stock in google, and so far, so good.

[Onelifetogive]

According to Yahoo Finances, and the Drudge Report, a search engine is now worth more than TimeWarner. Something seems fishy...

Agreed. Those idiots at TimeWarner are WAY overpriced.....

[TheOtherOne]

When eToys was worth hundreds of million, they should have used that valuation to buy real brick and mortar businesses. That is what Google should do, hedge that 80 BILLION in some other (non-internet) businesses. I would demand nothing less as a shareholder...but alas I'm not.

[Asphalt]

smart

[Terpfen]

A global information index worth more than a mediocre entertainment company.

Sounds right to me.

[LdSentinal]

All thanks to Al Gore./s

[Minus_The_Bear]

Yeah I agree. Wayyy overvalued. What assets do they have? Servers, switches, etc... the really asset are the people and ideas but you can't keep the people and stay a leader forever.

[Michael Barnes]

Hell, google has a line of education books out at Barnes and Nobles..

[snarks_when_bored]

When the market breaks—and it will—GOOG will be one helluva a nice short. Just be prepared to cover in a trice.

[Asphalt]

we shall see

[discostu]

The real asset they have is the copyright on a really kick ass search engine that powers many sites on the internet and is even used for datamining in non-internet businesses. The Google website itself is primarily just an ad for this licensable search engine that many computerized businesses (including Yahoo for a few years) pay to use.

[Asphalt]

really?

[expatguy]

Yes and the money is Greece is worth more than in America.

It is fishy.

An American Expat in Southeast Asia

[Abathar]

I thought most people would have learned the last time these thin air asset companies were valued so high. I can just hear the brokers pushing more of these types of stocks again, hoping the late 90's boom will return. I wonder how long it will be before they trot out the elderly couple again who lost everything because they listened to greed instead of common sense.

[Jazzman1]

Agreed. You'd have to be an IDIOT to buy stock in this company. $80b my ass!

[toddlintown]

Pipe dream.

[isthisnickcool]

I wonder, can a company such as google who builds their "product" by leeching off information owned by others be totally insulated from damages from the use of that information?

If the answer to that is yes at some point imagine what their valuation would be then? If they had to ask permission before they scabbed data from other people's servers.

[TheOtherOne]

Hell, google has a line of education books out at Barnes and Nobles..

That's a small start. They should set their sight a little bigger.

[Jaysun]

I've got alot of stock in google, and so far, so good.

Me too. I'm getting out at $295.00 or $250.00 if it falls. Either way I've made a wad of cash big enough to choke a camel.