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Google Announces Record Revenues For Third Quarter 2004

Up 105% year on year

     

edit_g

11:00 pm on Oct 21, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



[investor.google.com...]

Cash – At the end of the quarter, Google had a cash, cash equivalents and short-term investments balance of $1.86 billion.

Revenue generated on Google’s partner sites, through AdSense programs, contributed $384.3 million, or 48 percent of total revenue

Pretty sweet...

[investor.google.com...]

SlyOldDog

3:22 pm on Oct 26, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Mona, If I offered you a piece of paper that paid a dollar last year and might pay a bit more this year (say 2$) and MIGHT even pay 5$ a year at some point would you pay 200$ for it?

Oh, and don't forget there are income taxes out of that too.

Even if I was the president of the USA you wouldn't buy it from me. You would be dead before you get your money back.

That is in the vernacular, "a bad investment"

mona

4:51 pm on Oct 26, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I'm sorry, SlyOldDog, I don't understand your analogy:( I don't know a thing about investing and don't claim to. I was just saying why I bought the stock and why I plan to keep it.

loanuniverse

5:55 pm on Oct 26, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



...this year (say 2$) and MIGHT even pay 5$ a year at some point would you pay 200$ for it? ....

Depends what other investments at the same level of risk are paying.

SlyOldDog

3:56 pm on Oct 27, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



He he. I might have expected someone with a nick like Loanuniverse to say something like that :)

If you cannot recoup your investment in your lifetime it's better to hold cash right? Otherwise what is the point of making a long term investment? In the long term all investments tend to their true value (the value of the expected dividend/coupon stream).

The only rationale for holding an investment like Google at the current price is a short term gamble. That is possible when other investors are irrational and the price goes into a frenzy feeding off people's greed.

I'm sorry, SlyOldDog, I don't understand your analogy I don't know a thing about investing and don't claim to. I was just saying why I bought the stock and why I plan to keep it.

That's not an analogy Mona. It's what you bought.

mona

4:32 pm on Oct 27, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



That's not an analogy Mona. It's what you bought.

Well, ironically I just found out that I didn't. Just got a message from my finacial advisor and he uhhh...hasn't bought it for me yet . Unbelievable. So know I'm not sure what I'm gonna do...

cabowabo

4:17 am on Oct 28, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Sounds like your financial advisor needs some advisement!

Chndru

6:22 pm on Oct 29, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



And it's almost $200 :)

mind-numbing stat there!

nate_king1

7:08 pm on Oct 31, 2004 (gmt 0)

10+ Year Member



Guys and Gals the thing is that Google is overvalued, plain and simple. Before you get crazy and take out loans to buy stock, remeber that Yahoo! sold stock of Google. A company who's analyst all said to sell. So just think of that. Google is valued more than Yahoo.

SlyOldDog

11:39 pm on Nov 5, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Down 8% today. Buying opportunity for the day traders :)
This 39 message thread spans 2 pages: 39
 

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