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Monday, October 08, 2007

Google share price surpasses $600 for the first time and closed 609.62

Look like Google is creating history . The Share price surpass 600 when market start . It was traded as high 601.45 before slipping back to 598.81 at 9.56 am . It is an exciting day . Now the Google Market Value worth 187 Billion . Google 3Q earning will be out on October 18 . Maybe Google got a very good surprise install for all the investors (My Thinking) .

Left picture taken during Intra Day











Look back History
Google public listed at August 2004 at $85 initial public offering price.
Google is only 9 years old and the share price increase 7 fold since IPO .
100 .... 200 .... 300 .... 400 .... 500 ... now we are here 600.

1 pm - Google share price reach 600.50 again . GooGle !!!!

The last hour before the closing bell , Google share price traded highest 610.26 . It was the most activity at that time . It like pushing to the cloud the share price . Google shares price closed at 609.62 which is up 15.57 points . As of now Google Market Value is worth 190.28 Billion .

Wonderful performace done by the Google . October month is where most company's release of 3Q earning report . Google is going and going high and will make a suprise of it's 3Q earning report with new figures to get more Investors Confidence . The 2Q release in July fell short of investor expectations due to a hiring spree. The 3Q is now seen as How much Google can beat it's predicted earnings .

So the next target Google will be 700 mark or the next 100 leap . 500 jump to 600 mark took them 10 months to do it . Will it take another 10 months to get to 700 mark which is August 2008 ? Let monitor it.

Google with Search technology in the top for advertisement and more new products coming out will help Google gain more earning in the future.

Best of Luck Google . Welcome to 600th mark on October 8 2007 (10/08)


Left picture taken when market close.

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