How bout that Google stock!!!!!!!

[marcus]

Well here is an interesting read in the NYT. http://www.nytimes.com/2007/11/12/te...google.html?hp

[Spec A!]

That's nuts. When I started at Apple I had a chance to buy at 15% below 6month average which at the time was $35 a share. Wish I had the money, but we had just moved halfway across country and bought a house... Oh well.

[Shelby Lane]

That's a great story. I had a bunch of .com options, and then we were bought out by About.com. Sooooo, basically, they were worthless because they didn't "convert" well. I am glad to see that someone is still making money from the .com world.

[rages4calm]

Stock market is something I have been wanting to play around with the past 4 years but never done it due to I don't know much about it and how it works and where to really begin. I just know ive seen it take my buddies from driving a honda civic to a corvette or supra :/

[Terrancelee]

$700 a share is insane. Course, I'm jealous as hell, too! :)

[NathanJK]

Darn! I lost out on some extra imaginary money on that...I "made a couple hundred" off of it on Investopedia (it's a portfolio simulation) but I didn't realize that it would go up to 740 that quickly. And to think, I could have then turned around and short sold some if I'd been really on the ball.

[nyphotopro]

Sounds like "irrational exuberance" all over again. The only share of stock worth more than $100 a share is Warren Buffet's Berkshire Hathaway. That's because the majority of the money earned by the companies owned by Berkshire has been channeled back into the price of the stock and distributed to the shareholders. That's a true growth stock.

Technology stocks of all stripes are basically vanity plays for quick money - essentially a zero sum game. Unless the shareholders receive dividends and additional shares and bonus distributions of earnings, a stock is basically a tool to suck money out of investors for greedy CEO's to buy their Porsche's.