A Piper Jaffray analyst has set an end of 2006 price target for Google at $600. SIX HUNDRED DOLLARS for a single stock of the precious Mountain View, CA company. I wonder if a piece of paper or screengrab of Google stock will surpass the value of an ounce of platinum.
As of 1.30p EST today, GOOG is trading at $448.24. They IPO'd in late 2004 and turned a $52M profit in their first quarter as a publically traded company.
Google's market cap as of today: $134,863.37 - that's in millions.
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