$500 first: Will Gold or Google get there first? Poll.....

Colorfulcoins · November 22, 2005 1:45AM

What do you think - will Gold or Google get to $500 first?

roadrunner · November 22, 2005 1:55AM

Gold is a lock to get to $500 eventually. You can mail that one in.

I suspect it will beat Google there too.

roadrunner

robertpr · November 22, 2005 1:59AM

Google's a bubble waiting to burst.

GTS · November 22, 2005 2:04AM

Google is SNAPPLE ten years later, Gold is gonna more then double by the end of the decade.
GTS

flaminio · November 22, 2005 2:13AM

<< Google's a bubble waiting to burst. >>

Not at all. GOOG 2005 = MSFT 1986

But gold's going to get to $500 first...

roadrunner · November 22, 2005 2:20AM

Wait a minute. Goog 2005 = MS 1985?? Difference here is that everyone and their brother knows about Google and is already on it. Just like Yahoo and Amazon before 1999.

Back in 1985 you had a tuff time finding anyone interesting in MS let alone what it stood for. MS sells a product. How does that compare to a search engine? How much money does Google really make?
Looks like a bubble, smells like a bubble, feels like a bubble, hmmm.

roadrunner

BlindedByEgo · November 22, 2005 2:46AM

Gold all the way

thechickenman · November 22, 2005 2:56AM

Gold... the Google bubble's going to burst, sooner rather than later.

roadrunner · November 22, 2005 2:59AM

Google can't be all bad. It shares 3 of the same letters with Gold.

Googled? Now that's better!

roadrunner

flaminio · November 22, 2005 3:02AM

<< Wait a minute. Goog 2005 = MS 1985?? Difference here is that everyone and their brother knows about Google and is already on it. Just like Yahoo and Amazon before 1999.

Back in 1985 you had a tuff time finding anyone interesting in MS let alone what it stood for. MS sells a product. How does that compare to a search engine? >>

Well, I knew about Microsoft in 1986. The story about how Gates beat out Digital Research to supply IBM's desktop OS was already legend. It was clear to anyone in the game that Microsoft had the smarts and the wherewithall to go far in the computer industry.

There's only one company in the computer biz that's comparable to Microsoft then -- and that's Google. If you think that all they are is a search engine, then you haven't researched the company too deeply. I'll predict right now that Google will exceed Microsoft in revenue and profit within 10 years.

Disclosure: I own shares in GOOG and MSFT, and gold too for that matter.

ttown · November 22, 2005 3:19AM

These IPO's always take off like a rocket and fall back down to earth in 3 years, although google is better than most,what's next to continue there growth? This is another dot com type stock waiting to creator on the next major correction. Nice search engine but no real assets and must find other products and services to continue to grow or it falls big.........JMO

TorinoCobra71 · November 22, 2005 3:25AM

Gold will get there first!

TorinoCobra71

roadrunner · November 22, 2005 3:29AM

Flaminio, if it was so obvious to those in the know in 1986 about MS, did you put away your $10,000 at that time to seal your future?
I for one was not in the biz, I knew really nothing about MS or computers at the time. And if you did not put away several thousand into MS back in the mid-80's why not?

I haven't researched Google at all and don't intend to. If I were putting money into stocks right now it would be natural resource stocks, not search engines or dot.coms. (gold, timber, water, oil, industrial metals, gas, etc.)

roadrunner

THEONLYTBONE · November 22, 2005 3:31AM

Folks, GOOG will split before it reaches $500, this is why I voted for GOLD!

flaminio · November 22, 2005 3:33AM

<< Flaminio, if it was so obvious to those in the know in 1986 about MS, did you put away your $10,000 at that time to seal your future.
I for one was not in the biz, I knew really nothing about MS or computers at the time. And if you did not put away several thousand into MS back in the mid-80's why not? >>

I didn't put money in Microsoft in 1986 for the simple reason that I was in college, and broke. By the time I had climbed myself out of debt, it was 1992, and yes, I did buy Microsoft stock then. No regrets, there.

ttown · November 22, 2005 3:53AM

Microsoft was far from a sure bet in 1986 a PC AT with a 10MB hard drive was a toy in industry. Client / servers and it's apps weren't mature and most business had PC's but relied on Mainframes and Mini-computer for real data processing. The MAC/Apple desktop would have ate Microsoft lunch with it's DOS operating system if they'd have adopted an open architecture like the PC. Windows was crap to weak until Win95 was introducted but 3.1 was stable toward the end of it's life.

Microsoft was crafty and lucky and it required major mistakes by IBM and Mac to become the legend it has become today.

halfnut · November 22, 2005 3:59AM

Just let me know when it's time to sell my 1000 shares of goggle I'm retiring next week and it's looking like it's going to make a nice retirment fund. As far as my 10,000 oz of gold I'm going to let that ride for awhile. Gold will break 500 before Goggle, and if you believe I have gold and stock I have swamp land for sale also

RedneckHB · November 22, 2005 4:00AM

GOOG is near its top. It will not break this top for another 20 years. Just like CSCO, AMAT, INTC, YHOO....the list goes on and on. All that said I do think there is a trade in YHOO up to the $70 level. It has just broken a very powerful chart pattern. But it will not go to $125.

flaminio · November 22, 2005 4:10AM

<< Microsoft was far from a sure bet in 1986 a PC AT with a 10MB hard drive was a toy in industry. >>

I agree, and I don't mean to imply that GOOG is a sure bet today. Clearly, nothing in the stock market (or the metals market, for that matter) is a "sure bet" -- otherwise, we'd all be billionaires. Diversification is a Good Thing. There's no reason not to spread your money around a bit. If you have two stocks, each valued at $10, and you think one of them is going to dominate but you don't know which one, just buy both. One will go to $0, the other will go to $100. That's not too bad.

I own both Google and gold. Why not? It's a free market. I also own stodgy mutual funds and real estate. Plus all these dang metallic disks cluttering up my desk with their funky plastic enclosures. You don't have to pick just one to win the game.

291fifth · November 22, 2005 4:17AM

Why would anyone hold a stock with a PE of 165-1?

GTS · November 26, 2005 11:14PM

I Would like to take this time to alert you fellow boardies that GOLD is making its way to $500 per OZ more than likely on Monday but certinly this week.
GTS

RedTiger · November 27, 2005 1:37AM

Considering that Gold is trading near $497 and GOOG at $428, I think Gold is a lock bet, though it will be interesting to see if it brings in a lot of sellers. I'm not so sure because American investors are not into Gold much, so the $500 is not as big a psychological mark as it might be otherwise.

GOOG has a market cap of $126 billion--not exactly a size that makes it easy to grow. GE and XOM are two of the biggest caps around $350 billion, MSFT just under $300 billion, YHOO $60 billion. I think GOOG may have enough momentum to double again from here. Long term prospects are difficult to gauge and trees do have a physical size limit. One bad quarter or a major scandal and the ride will require dramamine.

MrKelso · November 27, 2005 1:52AM

Newmont Forecasts Gold to Rise Above $1,000 on Asian Demand

Shamika · November 27, 2005 1:59AM

Gold without a doubt.

fc · November 27, 2005 2:12AM

i think gold will hit 500 first.

i found the google discussion very interesting. it appears there are two camps: those who love google and see them as making bigtime money, and those who know that google makes its money from advertisers/marketing and not by selling a product.

291fifth, summarizes it nicely.
Why would anyone hold a stock with a PE of 165-1?

what will google do to make money? advertise x 1000?
their search appliance is amusing, the 1U server for example.

http://www.clusty.com is a rather nice alternative to google.

has anyone else noticed that google's results are getting steadily worse?

it will be very interesting watching google spend all that money and
what returns they get. They have more PHDs then u can shake a stick at.

renman95 · November 24, 2006 9:34AM

<< Folks, GOOG will split before it reaches $500, this is why I voted for GOLD! >>

Gold beat GOOG to $500.00 by almost a full year...$505 for GOOG today. It hasn't split yet, doubt it ever will. It may be another Bershire Hathaway.

$500 first: Will Gold or Google get there first? Poll.....

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