Googles and Googles of Cash
Well if you thought that the IPO of Google was amazing. It seems that it is only getting
better.
Bloomberg has the story.
Google Inc. approached $100 billion in market value and analysts rushed to raise
their price estimates after the company’s results soared past the most optimistic
of expectations.Analysts at three firms including Lehman Brothers Holdings Inc. said the stock
may climb to $450 from today’s record close of $339.90. At that price, Google would
have a value more than double that of Yahoo! Inc. and vault into the top 20 largest
U.S. companies, worth more than Coca-Cola Co. and Wells Fargo & Co.