peterdaly - 8:13 pm on Jul 26, 2004 (gmt 0)

Remember the Google seems to refer Warren Buffet (Birkshire Hathaway, BRKA/BRKB) quite a bit. BRKA currently trades at $87,000 per share. BRKB is 1/32 a BRKA share (more or less). BRKA does not believe in split, and don't really give a flip about the stock price. They are building a business, not a stock. This is the Google mindset.

The market wants and is used to thinking of a business as a side product of a stock. BRKA, and Google, think of a stock as being a side affect of a business.

Raw price isn't really important at all to Google. As a BRKB owner, I think the grumbling has to do with firms that want to buy a stock not being on the save wavelength as Google, who are selling part of a real business using a stock as the vehicle.

This should be interesting...